Updates

Nichols - Gain to date: 79%

April 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Nichols produced results modestly ahead of expectations, which had been previously revised upwards in January, sending the shares to a new high of 656p. In the 12 months to 31 December pretax profit and sales rose 20% to Â£18.1m and Â£98.9m respectively. Eps increased 20% to 36.28p while net cash was Â£20.1m. In spite of high cost inflation operating margins rose 0.3% to 18.3%. While the UK soft drinks market excluding â€œon tradeâ€ grew by 7% in value terms, Nichols achieved a 14% jump in UK sales to Â£77.8m. This reflected record levels of marketing, which increased market shares for Vimto and Sunkist, as well as good performances from new products such as Vimto Sports Cap, plus the launch of its Caribbean range under the Levi R ...

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TMI Trader Portfolio - April '12

Nichols (March 2017)

Nichols (April 2016)

Nichols - Markets becoming challenging (February 2016)

Nichols - Acquires Feel Good brand (September 2015)

Nichols (June 2015)

Nichols - Results beat forecasts (April 2015)

Nichols - Shares back over Â£10 (February 2015)

Nichols - Net cash to reach £57.8m by 2016 (September 2014)

Nichols - Net cash rises to Â£34m (April 2014)

Nichols - Gain since original tip: 204% (September 2013)

Nichols (June 2013)

Nichols (April 2013)

Nichols - Gain to date:242% (February 2013)

Nichols - Take a part profit (June 2012)

Nichols - Trading ahead of expectations (February 2012)

Nichols - Small upgrade to forecasts (September 2011)

Nichols - Strong rise in Vimto sales should usher in eps upgrades (June 2011)

Nichols - Forecasts nudged higher (May 2011)

Nichols - Yet another profit upgrade (February 2011)

Nichols - Vimto drives forecast busting results (September 2010)

Nichols Plc - Vimto drives strong performance (July 2010)

Nichols Plc - Sensational growth from Vimto drives up soft drink profits (May 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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