Steve MacMillan
Member since: Jan '07
Vice President of Investments at
KBSH Capital Management

Latest Top Picks

New management,4-5 years ago, began focusing on margins, merchandising. Margins have risen from 0% in 1999 to 10% in 2006. Expect this will go up to 12%. Strong sales growth. 14 X earnings
Distributor of swimming pool products. They are a large, consolidated distributor between 2 fragmented bases, suppliers and customers, which gives them the most bargaining power. Attractive valuation.
Like the Shoppers Drug Mart of the US. Benefiting from an aging population. Generics are growing and retail pharmacies make more money off generics then branded drugs. Continuing to grow. Weak competition.