11 January 2017
By Maynard Paton
Today I’m continuing my hunt for Watch List shares with a look at Cambria Automobiles (CAMB).
Here are the initial attractions that prompted this research:
* Owner/entrepreneur boss: The company’s founder retains a 40%/£24m stake, has never sold a share, and continues to serve as chief executive
* Respectable financial progress: The accounts exhibit a 10-year history of mostly rising revenue, profit and dividends
* Interesting valuation: The shares have fallen 25% from their high and currently trade on a single-digit P/E
As usual, I’m applying a question-and-answer template to help me pinpoint companies that match the criteria set out in How I Invest. I’m looking for as many Yes answers as possible.