Welcome to another edition of ROE The Boat.
Thanks to all those who have recently become paid subscribers.
For this issue we’re sailing to the British Isles to cover a company that has the following characteristics:
Over 190 years old.
Has a portfolio of irreplaceable prime real estate that’s worth more than the current market cap.
One of only a handful of dividend aristocrats trading on the LSE.
Buying back shares.
70-100% upside to fair value.
Also included in this issue is a trading update on some of the companies we’ve previously featured in the newsletter.
Let’s dive in…
Please note: this article should act as an introduction to the companies mentioned and is not a complete deep dive. Make sure you do your own research before investing in any company mentioned in this newsletter.