While chatting on holiday with a friend who has considerable experience as a CFO in innovative companies, he tried to sell me on the virtues of 2 companies I have not before come across - GBGroup (GBG) and Tremor (TRMR). I did a quick search on Sharepad. GBG seems intriguing for its record of share price growth and cash generation but it seemed poor in terms of ROCE. TRMR, on the other hand, looked downright alarming - a PE >500, and something that you might expect Baillie Gifford to invest in. On enquiry, my friend said blithely that it has an innovative model that the market doesn’t understand!
Just curious to know if anyone has “kicked the tyres” on these companies