Small/microcap Research —>
ROE The Boat is a monthly newsletter for active stock pickers.
In every issue we publish research on profitable growing small/microcaps trading at decent prices, that are yet to be discovered by the masses.
What to expect
Every month you can expect a research report delivered in PDF format that highlights one or a selection of public companies that we feel are worthy of your attention.
The majority of these companies featured have the following characteristics -
Profitable, healthy balance sheets, high returns on capital, high insider ownership, dividend payers. Listed on exchanges in USA, Canada, Europe, Hong Kong, Japan, Singapore, and Australia.
Take Huationg Global for example, an ignored microcap trading on the Singapore Stock Exchange. We wrote about this in March, when it was trading on an absurdly cheap PE of 2.5. There was no mention of it on X or Substack. Since posting the share price has doubled.
Another example is Dream International Ltd that we also highlighted in March. A small cap in Hong Kong that at the time was trading on a PE of 4 with a dividend yield of 12%. The shares have since gone up by 251%.
These are just two examples of the what can be found if you turn over enough rocks, and look where others aren’t.
Free samples
Find two free samples of the letter to read below…
Is This UK Microcap a Golden Opportunity? (September 2025 Issue)
Barges and Rice (March 2025 Issue)
What subscribers say…
‘I look forward to reading ROE The Boat every month. No fluff, just straight-up interesting ideas.’ - Howard B, Fund Manager.
‘If you like off-the-beaten path investment opportunities that you probably won’t find in other letters you will enjoy ROE The Boat.’ - Edward, private investor.
‘I love the concept and interesting companies that Jon finds. At 70 dollars per year it’s a bargain.’ - Ian F, Analyst at a Family Office.
How much?
📢 The annual subscription is just $70 USD for the first 100 people who join (you will be locked-in at this rate for as long as you remain a paid subscriber).
We currently have 25 places left at this price.
After the first 100 subscribers have joined, the annual subscription will be increasing to $120 USD.
Please note we do not offer refunds. You can cancel your subscription via your Substack account.
Sailing the seven seas
Subscribe now to get investment ideas and research sent direct to your box, plus access to the growing archive (26 companies covered so far).
About the author
ROE The Boat is written by Jon Kingston
Jon is a entrepreneur and investor. He operates two businesses and invests the cashflow from these businesses into public equities, and some alternative investments too.
Make sure to join our sister newsletter Capital Employed.
ROE The Boat is a Kingsize Metrics publication.
Please note the information in this newsletter is for informational purposes only and should not be seen as investment advice. Always do your own due diligence before investing in any company.
