Ten small-cap value and growth ideas for 2023: A Review
Hello! Graham here with my annual round-up of investment ideas.
This is going to be split into two parts.
First, I’m going to do a review of the ten ideas mentioned in last year’s article (published on January 16th 2023, but using ideas from SCVRs in the latter half of 2022).
After that, I’ll do an article with my ten ideas for 2024.
I’m hoping that there will be plenty of overlap between the two articles!
But let’s start with a review of my ideas for 2023.
A G Barr (LON:BAG)
Total return for 2023 year-to-date, including dividends: 0.0%.Market cap: £579m.
(I will update all of this article's numbers in the first week of January 2024, with their final result for the calendar year 2023.)
This Scottish soft drinks maker saw its share price drift lower at the start of the year, but it recovered in the second half with an upgrade to profit forecasts (in August) and then a robust “in line” trading outlook in September.
In October, it announced the £12m purchase of the soft drinks brand Rio. Barr already owned the...