Updates

Gocompare.com - Marketing margins jump 230 basis points

April 2018

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.

Gocompare announced strong full year results with revenues, operating profit and eps rising 5.1%, 19.8% and 13.5%, respectively, to £149.2m, £36m and 6.5p. Strong cash flow reduced net debt / EBITDA from 1.7x to 1.1x.To recap, the company owns the price comparison website gocompare.com, which allows shoppers to filter and compare insurance products based on price, features, reviews and other criteria. There are over 600 insurance brands on its website across more than 40 products in areas such as car, van, home, pet and travel. Last year it generated savings made by customers of £1,187m, up almost 18% year-on-year, while average revenue per transaction rose almost 5% to £4.67.A key driver of grow ...

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Luceco

Bovis Homes - 102p dividend forecast for this year

GoCo Group - Bid approach at 136p-a-share (January 2021)

GoCo Group (September 2019)

Gocompare.com - Chairman buys nearly 18m shares! (April 2019)

Gocompare.com - Price comparison group heavily over-sold on prospective PE of 7.8 (January 2019)

Gocompare.com (October 2018)

Gocompare.com - Acquisitions boost growth (August 2018)

Gocompare.com - Acquisition means upgrades are likely (February 2018)

Gocompare.com - Rejects bid approach but another is likely (January 2018)

Gocompare.com - Marketing margin leaps 5% (September 2017)

Gocompare.com - Terrific demand profile for price comparison website (May 2017)

Gocompare.com - Price comparison site hoping to emulate Moneysupermarket.comâ€™s success (April 2017)

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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