Good summary, thanks. I have been a long term and very comfortable holder of KPG. I think the strongest factor behind KPGs performance is the focus of the MD on capital management and delivering value to the shareholders. There are many roll-up/acquisitive companies on the ASX, but only a small number have the strong focus on shareholder returns as this company. I don't think the strong metrics like the high ROE of KPG come about by accident, they are a product of strong business management and focus. As you have said, there is a long runway of growth ahead for KPG, so it is a good stock to sit in the 'don't touch' corner of the portfolio.
Gosouth
KPG Price at posting:
$3.21 Sentiment: None Disclosure: Held
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