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Forbes best under $1b (1 Viewer)

skc

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The ASF homepage sidebar had a story on the Best under a Billion list by Forbes. The Australian companies that made it on the list are:

ANG
CSV
IRE
LYL
MMS
MTU
MOC
NVT
NHC
PMV
RKN
SRX
WTF

http://www.forbes.com/lists/2010/24...0_Asias-200-Best-Under-A-Billion_Company.html

A few of these are market darlings (NVT, MMS), some are past darlings (WTF, IRE), some appear so-so (PMV, CSV), MTU is being taken over...

Comments on others or the methodology?
 

skc

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Also found this list from 2005

http://www.forbes.com/lists/2005/24/Country_1.html

The Australian companies are:

ABC (Adelaide Brighton, not ABC learnings) - One of the better performing building materials stock
ALS - Not too flash these days
AEC - Now under multiple takeover offers
ALL - Been a dog for past few years, making one of the most unethical products out there (pokies)
BPT - Not sure about their story - but 5-year chart doesn't look good
BEN - Holding its own as a regional bank
CEY - Under takeover offer
COA (Coates Hire) - Taken over early 2008 before the crash
COH - Still innovating
COF - Overpriced during the mining boom and terrible looking 5-year chart
FKP - Had seen better days but so are all the REITs
GRD Limited - No longer listed - not sure what happened
Great Southern - Gone to corporate heavan
HIL - Surviving but not much shareholder return to speak of
JBM - Taken over
MXI - Dunno much about them
MCP - riding the masterchef wave well
MND - Still growing one of the best performing mining services group
Patrick - Taken over by Toll and essentially AIO now
PPT - They used to be close to $100 per share
PRY - Hurting bad by regulations and poor management of their GP clinics
SHV - Very unloved rural stock
TAP - Still losing money
Timbercorp - Best friend of Great Southern in corporate heavan
Unitab - Taken over by TAH or TTS

Of 25 companies listed back then
1 (GRW) is unknown
2 (The tree growers) are dead
11 (ALS, ALL, BPT, COF, FKP, HIL, MXI, PRY, PPT, SHV, TAP) are dogs
3 (ABC, BEN, MCP) are solid
6 (AEC, CEY, Coates, JBM, Patrick, Unitab) are taken over
Only 2 (COH, MND) remain great companies

So 11 / 25 would have been reasonable investments... not bad I guess?
 

skc

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The ASF homepage sidebar had a story on the Best under a Billion list by Forbes. The Australian companies that made it on the list are:

ANG
CSV
IRE
LYL
MMS
MTU
MOC
NVT
NHC
PMV
RKN
SRX
WTF

http://www.forbes.com/lists/2010/24...0_Asias-200-Best-Under-A-Billion_Company.html

I love talking to myself every 5 or 6 years... total return on these names since Sept 2010.

Capture.JPG

Average return for the list = 118%. That's pretty solid at about 14% CAGR. WTF and MTU were both taken over so their performance didn't last the whole period.

Here's the list from 2015.

AGI
CAJ
CTD
GEM
MFG
MNF
REA
SRX
WEB

http://www.forbes.com/asia200/#/country:AUSTRALIA
 
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Average return for the list = 118%. That's pretty solid at about 14% CAGR. WTF and MTU were both taken over so their performance didn't last the whole period.
Here's the list from 2015.
AGI
CAJ
CTD
GEM
MFG
MNF
REA
SRX
WEB
http://www.forbes.com/asia200/#/country:AUSTRALIA
Good performance indeed.
Interesting to see the 2015 list has some wild variation in performance. CAJ and AGI doing poorly...while others such as MNF, SRX, WEB, CTD etc are making solid progress.
 
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Very interesting thanks SKC. CAJ in particular was a steep up and now down again. And now looking interesting. GEM's appearance also surprised me - I always thought it was an overhyped roll-up but perhaps I am wrong.
 

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