Easter stock picking ideas

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6th Apr '23 by Paul Hill

6 comments 1097 reads

In today's Easter stock picking fest, Justin Waite reveals 3 shares that he has just bought.

Plus we discuss:

What's been troubling the markets? Start

Supreme PLC. 11:00

Justin BUYS Saietta Electric Drive & Verici Dx. 17:00

Saietta Electric Drive. 18:25

Kooth Digital Health. 23:40

Venture Life Group plc. 28:30

Moneysupermarket Group. 33:35

Equals Money. 34:35

Avacta. 39:05

Justin BUYs Destiny Pharma plc. 43:10

Belluscura . 45:35

FD Technologies. 48:20

Disclosures: I own shares in Equals, whilst Justin holds positions in Saietta, Verici Dx, Kooth, Moneysupermarket & Destiny Pharma

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About the Author

Paul Hill

Premium Member

6 comments

Robbie Burns

6th Apr '23

At the risk of being a party pooper I suggest anyone relatively new to the market should be extremely cautious about some of the shares discussed here. Many are highly risky jam tomorrow illiquid companies. Stockopedia rates a lot of these as "sucker stocks" and some are heavily loss making too. Please do a lot of research before getting involved and beware of getting suckered into "story" shares. Don't be persuaded by enthusiasm of other people, always carefully look at cold hard figures and only really use money you can afford to lose. Right, I'm leaving the party and going to ignore the boos.

Paul Hill

6th Apr '23

Many thanks Robbie - your comments are well received. SUP, FDP, MONY, EQLS & VLG all generate strong positive cashflows.

Silver Moon

7th Apr '23

Regarding Moneysupermarket.Com (LON:MONY) I beg to differ and it's the only one of these stocks I hold ;-)

I've found the AIM, Small Companies, and the SCVR to be a minefield so tread carefully, buy low and sell high and have a great Easter break!

Silver

Paul Hill

7th Apr '23

Weren't these MONY's 2022 prelims Silver?

£104.4m of operating cashflow on a £1.4bn mrkcap delivers a LTM cashflow yield of 7.4%?

sharw

12th Apr '23

Supreme (LON:SUP)

Paul - agree with your angle but think you didn't go deep enough with the brand sell deal, which I feel shows just how good this management is. They bought the brands and business of Cuts Ice from administration in a pre-pack deal. You can learn about it here (start 29 mins in):

They saw this as possibly a vehicle into Europe, where most of the acquired sales were, having been shy of that before because of different regulations regarding vape in each country.

Having paid £1.4m 7 months ago for trade, IP and goodwill they have now sold the brand for €4.5m to LVP, one of France's largest vape wholesalers but retained the exclusive right to manufacture.

As they point out :

Strategic Rationale

· The Agreements enable Supreme to focus on its core manufacturing expertise and margin expansion

· De-risks both European distribution and expansion, while simplifying Supreme's costs to serve to one customer, LVP

· Under the Agreements, Supreme retains the flavour development and flavour manufacturing responsibility, ensuring it continues to generate supply chain synergies as originally outlined

· A strategic partnership with LVP provides future cross-sell opportunities for the wider Supreme portfolio

Brilliant!

Paul Hill

12th Apr '23

Much appreciated

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Easter stock picking ideas

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About the Author

Paul Hill

6 comments

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