Value Investing News

Once I get my hands on the MJ Gleeson dividend and sell my bond holdings I'll have about £3,000 cash to invest; and Luminar is looking like a high risk high reward place to put it. This big nightclub operator is very cheap, both tangibly and intangibly. It doesn't have quite the low debt levels I typically like, but it doesn't seem to be drowning in debt either.

• http://www.ukvalueinvestor.com/2010/03/luminar-bond-allocation-and-checklists.html (352)