Whilst providing the research, I have kept the site free for viewing with the objectives to expand my own knowledge, run a realistically achievable and successful portfolio and provide information that has hopefully assisted in learning about the stock market and analysing companies.
I have invested significant time and effort into the successful running of the site, despite having not bought or sold any listed companies over those circa 30 months and having not financially benefited in any way from any price movements arising from profitable positions in the portfolio. Fortunately it has been a resounding success.
Excluding the companies reviewed in January 2015* - which have had insufficient time to mature as prospects - 87 companies have been reviewed as either being a "Buy" or a "Sell". Those 87 companies have driven an uncompounded return of nearly 150% on a portfolio that was rarely fully invested.
That also included each company typically accounting for just 5% of the total portfolio, hence a 100% rise in one company would only increase the total portfolio return by 5%.
Of the 87 positions opened, 74 positions have been profitable with 13 unprofitable, translating through to a success rate of 85%. Breaking that figure down further, 68% of those 87 positions delivered a gain that was in double digit percentage terms and taking into account all the 87 positions, the average move per position was a gain of circa 33.6%. The average holding period of less than 10 months, reflects the site's focus on companies with robust fundamentals nearing a pivotal point. The median move per position was a gain of 22.99%.
There have been numerous successes, and thankfully far fewer disappointments! The most notable success was Active Energy Group (LSE:AEG), a company that was Ukraine-focused at the time of the initial review, operating against a backdrop of political instability. I first reviewed the company favourably in February 2014 and maintained that - despite some concerns - it was the most interesting company in the portfolio throughout H2 2014. That was a position closed out in for the site portfolio in January 2015 for a 518.4% profit, placing it as the portfolio's top performer by a clear margin. On the other hand was Aminex (LSE:AEX), the African focused oil and gas explorer, which delivered the portfolio's largest loss of 54.5% after the position was closed in November 2013.
However, owing to personal circumstances and the demanding time requirements resulting from finding and tracking a continuous pipeline of the companies, I have decided to discontinue the company reviews section of this site. Instead the focus will be on producing a range of tutorials featuring real examples, similar to those already archived on the site. These tutorials will become the primary content, and will look at how to learn how to analyse companies to a high standard, and to find out more about both my style of analysis, and other investment styles.
Filling a gap to produce free, unsponsored, and in-depth company reviews has been a thoroughly enjoyable experience and I hope also one that has been rewarding; rewarding to well-run and fundamentally sound companies that benefited from the coverage, and rewarding to the readers of the site who I hope have increased their knowledge base (and potentially profitably tracked some of the ideas in the portfolio!).
If you have enjoyed or profited from the free company research provided on this site and wish to "Buy me a drink" as a gesture of appreciation, you can do so by clicking the blue button above. Enter the sum of money you wish to donate into the box on the left hand side of the resultant screen before clicking 'update' and following through the short payment instructions. You will receive a confirmatory email that you need not respond to as you are not purchasing an item. All contributions are greatly appreciated, no matter how small.
As above I will continue to create tutorials that will hopefully be informative and look at some of the underlying foundations that may help in researching and investing in a sustainable and profitable manner.
(Should you wish to contact me you can do at the email address firstname.lastname@example.org)