When I last wrote about ATL (Sep 2017 Note - Caravans Cool Again?) the stock was $1.39, and they just raised $40.3m to buy the remainder of Canadream they did not own, along with Kratzmann Caravans and Clint’s Caravan Warehouse. All accretive circa 5%. The stock has crept up to a high of $1.87 today, and when I look at the comps in the US (Winnebago and Thor Industries), the environment is ripe for a good result for ATL. Even Warren Buffett's Berkshire Hathaway is in on the act, owning one of the largest RV manufacturers in Forest River Inc. Desk Note Here (VIEW LINK)
Wentworth was formed in early 2012 with the goal of providing clients with a client-focused, holistic and transparent approach to investing. We focus on macroeconomic drivers as the primary source of performance. We deliver tailored, actively...
No areas of expertise