Strix Group: (KETL.L, Aim 100, Market cap.¬†¬£370m, 142p, 3.4% of JIC Portfolio¬†and¬†9.6% of JIC Top 10):¬†
I have added to Strix Group this afternoon taking it to 3.4% of the Portfolio.¬†
A few weeks ago I attended the Equity Development Investment Forum at which Mark Bartlett, CEO and Raudres Wong, CFO presented.¬†
I was most impressed with both and in Strix‚Äôs prospects for growing its core kettle control business and its newer ‚Äúbaby formula maker‚ÄĚ, coffee machine controls and Aqua Optima water filtration businesses.¬†
The shares have come back with the market over the last month are now on a near as damn it 5.0% prospective yield for 2019. Happy to move it up the rankings in the Portfolio.¬†
I paid 141.9p for 1561 shares. Portfolio and transaction details will be updated later today.