Creightons plc (LON:CRL) & Sopheon plc (LON:SPE)

I recently topped up holdings in Creightons plc (LON:CRL) & Sopheon plc (LON:SPE).

Creightons is a fast growing micro-cap priced for no growth (one of my favourite types of situation). It manufactures toiletries in the UK and in recent years has had particular success with its private label business supplying the likes of Aldi. I rate management having watched them give various investor presentations including this one covering HY 2019 results. In that particular video I was especially impressed with Global Marketing Director Pippa Clark.

I originally purchased Sopheon stock for a family member for £2.85 in late 2016 and shares now change hands for over £10. The company provides innovation management software to multinationals. It is also growing strongly, but is not as cheap as Creightons, and trades on a fairly full forward price-to-earnings (PE) multiple of 23. I think this price is reasonable given Sopheon has now put together a few years of improving profitability with no signs of letting up.

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