Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Shovellers. You might consider doing a bit of research into Compass Group (CPG), especially if you are looking for a longer-term investment.
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Comments
Jimbo
A measure of safety on a PE of 21 and a PEG > 2? Really Malcolm? Are you sure? It would take a dividend yield far in excess of the forecast 2.88% to tempt me in at these levels. The only thing it’s got going for it on that count is the dividend would appear to be well covered. According to figures from Stockopedia, net debt is at close to £2.7 billion and has more than doubled since 2013.
I’m not knocking the company, but they hardly look a value investment proposition at a share price of £10.59…
Jimbo
I hope this doesn’t feel like I’m picking on you Malcolm (I feel like I’ve been putting the boot in the last few days) but I think you may benefit from watching the following:
Carl Icahn: Danger Ahead: https://www.youtube.com/watch?v=ZyKIvnied-o
.. as would Wilds…
… where the US leads, global stockmarkets will follow…
Malcolm Stacey
Thanks, Jimbo. Your advice is under consideration, as always.