Goodwin research
With Goodwin’s Q3 trading update in a couple of weeks I was doing some more research and came across this fab article on Substack:
While it is 2 years old it is worth reading for a lot of in-depth detail.
It is by Alex Sweet and while 2 years old, he did post his own valuation estimates at the time where he gives a ‘base case’ and a ‘blue sky’ valuations. As time has played out, the earnings are coming in nearer to his blue sky estimates, in fact it looks like ahead of blue sky on eps.
A really cracking read you won’t want to ignore if you hold.
Nice play on Breaking Bad series too.
CockneyRebel
Many thanks for a really good piece; wish that many others were capable of doing such good work.
Bob
Great find.
Even as a holder it gave me more nuggets of information which has reinforced my view of them
I hope not too many people read this before Thursday as I am doing my monthly investment. ( if it drops a bit even better for the long term)
After your words of wisdom on Friday there was even a mention of Avingtrans