I published my 2023 value/GARP watchlist here on 8 Jan 2023, being my personal top 20 value/GARP small cap shares that impressed me the most during 2022, whilst writing the SCVRs each weekday here. Subscribers seemed to like it, with 263 thumbs, so I’ve drawn up a second, shorter list of 12 more shares that almost made it onto the original list.
They’re all on my watchlist spreadsheet, which tracks how they perform with live share prices.
NB. These are not short-term trades, and I fully expect all to go up or down. I'm also expecting some profit warnings, particularly in H1 2023, due to weak macro conditions. That's factored into the shares I've picked - i.e. they're already cheap mostly, and have strong finances, so I would just ride out any short-term weakness (unless something really serious went wrong).
They probably won’t shoot the lights out, because they’re solid companies with decent balance sheets, on reasonable valuations, and many pay good divis too. So these are more conservative share ideas, not for big risk-takers, that should I think be fairly safe (although we never know for sure, as anything can happen). Hopefully if the list avoids any major...
