Investors Chronicle names Augmentum as a “deep value pick for 2019″…
“Importantly, they also have an impressive track record, as Augmentum’s investment team generated a net internal rate of return (IRR) of 16.5 per cent from their fund, Augmentum Capital LLP, between 2010 and 2017.
Bearing in mind that positive newsflow from several of Augmentum’s investments could lead to significant valuation uplifts, and exits, in time, then it’s worth noting that 50 per cent of gains realised through the disposal of investments in each financial year will be returned to shareholders, either through share buybacks, tender offers or special dividends. Furthermore, with £260m of investment opportunities in the pipeline, we are not going to be short on news of fresh investments either.
Augmentum’s shares look a relatively safe holding, and one that could deliver sizeable gains for shareholders in the coming years. Buy.”