VT De Lisle America bets on boats and uranium

Image: Richard de Lisle (pictured), manager of the VT De Lisle America fund Plummeting price to earnings ratios across US consumer cyclicals have created abundant niche opportunities, despite fears of a looming recession.

Richard de Lisle, manager of the VT De Lisle America fund, argued the US market contained various opportunities in niches including boat manufacturers, with Malibu Boats a key pick for the manager.

The firm is particularly attractive to de Lisle as its earnings report has "once again beat expectations", seeing earnings increase by more than 50%.

De Lisle added the manufacturer claims it is seeing "no signs of a slowdown", with the firm currently sitting at a PE ratio of 6.95.He argued that following the pandemic, stocks focused on the outdoors had been performing strongly, and despite boat sales plummeting during the 2008 recession, the post-lockdown surge would be strong enough to maintain sales during a potential recession. […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet