BARK - a new Conglomerate with an impressive heritage

[SKYSHIP]

NB: This is NOT a recommendation. I post this information because it is highly likely that no-one is aware of this new player on AIM. Barkby Group (BARK) recently transferred onto AIM from the NEX Exchange. BARK is that unusual animal these days – a conglomerate.

Time was, back in the 60s/70s when I worked on the LSE, conglomerates were quite the fashion. Hanson Trust was the premier play. The strategy was commended as a conglomerate avoided the problem of having all their eggs in one basket. Subsequently it has all been about focus; even though as portfolio managers we are advised always to seek diversification! Anyway, I digress, though only to make the point that a new conglomerate kid on the block might be worth a level of investigation.

# It runs gastropubs
# It has an automotive dealership focusing on luxury used vehicles
# It is a commercial property developer
# It has a coffee distribution arm
# It is proposing to invest in a producer of environmentally friendly packaging & also a digital health company.
# It intends to source and invest in cash generative, growth businesses with the ability to disrupt; doing so they will be sector agnostic

The Dickson family interests were bought into Sovereign Mines of Africa (SMA) in a classic shell company reversal. The £30m deal and a further £5m placing was conducted at 30p/share.

https://www.investegate.co.uk/barkby-gr ... 00114516X/

All the information can be found in the 316pp Admission Document under the dropdown heading “Investors” on the company website:

http://www.barkbygroup.com

Perhaps go straight to pp17-19 to see who the principal players are, inc. Exec. Chmn Charles Dickson If he manages to emulate even 10% of what his late father Peter achieved, then BARK could be going places!

Also of interest the article below which provides some background on the impressive CEO Rupert Fraser, who subscribed £200k in the 30p placing. More info under The BoD on the website.

https://www.businessfast.co.uk/midas-sh ... t-the-lot/

Personally I’ve bought a few at 35.5p after the pullback from a frothy 42p, though only a small allocation at this stage.

[Bagger46]

NB: This is NOT a recommendation. I post this information because it is highly likely that no-one is aware of this new player on AIM. Barkby Group (BARK) recently transferred onto AIM from the NEX Exchange. BARK is that unusual animal these days – a conglomerate.

Time was, back in the 60s/70s when I worked on the LSE, conglomerates were quite the fashion. Hanson Trust was the premier play. The strategy was commended as a conglomerate avoided the problem of having all their eggs in one basket. Subsequently it has all been about focus; even though as portfolio managers we are advised always to seek diversification! Anyway, I digress, though only to make the point that a new conglomerate kid on the block might be worth a level of investigation.

# It runs gastropubs
# It has an automotive dealership focusing on luxury used vehicles
# It is a commercial property developer u
# It has a coffee distribution arm
# It is proposing to invest in a producer of environmentally friendly packaging & also a digital health company.
# It intends to source and invest in cash generative, growth businesses with the ability to disrupt; doing so they will be sector agnostic

The Dickson family interests were bought into Sovereign Mines of Africa (SMA) in a classic shell company reversal. The £30m deal and a further £5m placing was conducted at 30p/share.

https://www.investegate.co.uk/barkby-gr ... 00114516X/

All the information can be found in the 316pp Admission Document under the dropdown heading “Investors” on the company website:

http://www.barkbygroup.com

Perhaps go straight to pp17-19 to see who the principal players are, inc. Exec. Chmn Charles Dickson If he manages to emulate even 10% of what his late father Peter achieved, then BARK could be going places!

Also of interest the article below which provides some background on the impressive CEO Rupert Fraser, who subscribed £200k in the 30p placing. More info under The BoD on the website.

https://www.businessfast.co.uk/midas-sh ... t-the-lot/

Personally I’ve bought a few at 35.5p after the pullback from a frothy 42p, though only a small allocation at this stage.

Interesting.

(As an aside, any mention of Hanson always reminds me of my wilder days as an investor, when the blighter lots me a packet on Hanson Warrants! It was a lesson well learnt.)

Bagger