A good time to buy some more of AMS – At about £1.10. A medical technology company, selling advanced wound care products. They are debt free as of the end of 2013. Founding chairman of 16 years retired a few days ago. His replacement, Peter Allen (57), is external to AMS but experienced as a value creator within the healthcare industry.

The global wound care market is worth $15 billion. The majority of sales by AMS come from their brands. 450 employees. Products manufactured from two sites in the UK, one in the Netherlands, two in Germany and one in the Czech Republic. A growing company with excellent value left at their share price.