Updates and Ideas

Parity - Augmented reality (AR) high growth emerging market

March 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Parity (PTY;26.5p) is an old friend to Sharewatch. Subscribers will recall the shares were a successful constituent of Growth Portfolio I in the late 1990s and we think the time has come to revisit the story. The company was effectively established in 1993 when Philip Swinstead and Paul Davis joined the board of a small publicly quoted employment agency where Swinstead had acquired a 46% stake. Swinstead's strategy at the time was to use Parity's IT contracting business as a bridgehead into consulting and software development, which were fleshed out via acquisitions. This proved so successful that within six years, Parity employed 6,000 in the UK and the US and with profits pushing towa ...

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The Growth Portfolio 2 - March 2013

Parity (August 2015)

Parity (February 2015)

Parity (June 2014)

Parity - Director buys shares (April 2014)

Parity (March 2014)

Parity (January 2014)

Parity (October 2013)

Parity - "Pivotal year" ahead (June 2013)

Parity - Await first of many deals on digital solutions side (April 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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