The team delve into the types of companies that private equity investors seek and why so many high-quality UK companies... Read more 2d
Naming Inspired Energy as his top stock pick, Ken comments:
“While large-cap businesses are generally impacted by macro factors, the agility and niche positioning of smaller companies may allow them to react positively to broader economic headwinds. One such company, Inspired Energy, is poised for strong performance in 2019. The company is one of the UK’s leading independent energy consultants, advising mid-sized corporates and higher-end SMEs on how best to optimise utility expenditures.
The appeal of Inspired Energy is its revenue largely comes from energy providers. While it advises mid-sized corporations, Inspired Energy is paid in commission from contracts with large energy suppliers, with payments based on the energy usage companies incur. This guarantees multi-year revenues and high earnings visibility for the business. We believe Inspired Energy understands its customers, and it has been one of our long-term holdings.”
Please note, the views expressed in this article are Ken’s own and should not be taken as investment advice.
Gresham House has appointed Chris Carter Keall as Head of Asset Management, Housing. Read more 1mo