10 July 2015
By Maynard Paton
Today I’m continuing my hunt for Watch List shares with a look at J Smart & Co (SMJ).
Here are the initial attractions that prompted this research:
Loyal management: The Smart family has controlled the business for decades
Dependable dividend: The payout has advanced every year since at least 1994
Interesting valuation: The shares trade at 52% of net asset value
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.