MacMillan Shakespeare: Well funded for offshore growth opportunity
John Abernethy highlights one company he believes offers a combination of both yield and growth. "MacMillan Shakespeare has grown steadily from prior to the GFC. A period of over 8 years and has been 6 years in our portfolio. Apart from the period following the former-Government changes regarding car logs the company has steadily grown profits and dividends. The outlook is for steady but lower than historic growth in Australia but with an emerging business in United Kingdom. Company is well funded and generates strong cash flow to undertake the growth opportunity in the UK."
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.
1 topic
1 stock mentioned
Comments
Comments
Sign In or Join Free to comment