Six more potential neglected bargains
Last week, I introduced the Neglected Firms screen. The idea was that growing companies with few broker forecasts would be slow to be priced by the market. If investors can find such stocks at relatively cheap multiples, they may be getting a bargain.
My adapted version of the screen contained 15 stocks:
In a previous screening article, I concluded that Capital (LON:CAPD) and B.P. Marsh Partners (LON:BPM) may be worth investigating further. Last week, I added National World (LON:NWOR) Character (LON:CCT) and Nexteq (LON:NXQ) to the list (although it may be a long wait for Nexteq (LON:NXQ) to see a recovery in trading given the management changes there.)
This week, I am looking to see if any of the remaining six trading companies may be hidden gems:
Billington Holdings (LON:BILN)
Billington appeared on the list of small cap multi-baggers when the Stockopedia team analysed the traits of the highest-performing UK stocks over the last decade. For Billington, some of this is due to the timeframe that happened to be used. The share price was particularly low at the start period of the...