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CMPGF - Selling Compass Group After Recent Share Price Gains
Compass Group PLC
Compass Group (CMPGF) (CMPGY) joined the model portfolio in February 2018 as the world's leading food services business.
From its earliest post World War 2 days, when it was known as Factory Canteens, the company has focused primarily on managing canteens for public and private organisations alike.
I added Compass to the model portfolio in early 2018 because it had an extremely impressive track record of smooth and steady growth, combined with good exposure to global growth markets.
And while the initial dividend yield of 2.4% and PE ratio of 20.1 weren't in traditional bargain