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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Bloomsbury Publishing - Publisher boosted by “romantasy” boom; FY24 eps forecast nearly doubled

April 2024

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.

  • Epic Code:
  • BMY
  • Price:
  • 550p
Over the month I met with Nigel Newton, founder and CEO of publisher Bloomsbury, and CFO Penny Scott-Bayfield. Readers may recall that Bloomsbury struck gold over 25 years ago by signing children’s author JK Rowling and her Harry Potter fantasy series to a seven-book deal after 12 other publishing houses had turned her down. But Bloomsbury’s bold decision to take the author was rewarded with a franchise that has since sold over 600 million copies worldwide, making it the best selling book series of all time. The children’s fantasy, about a boy who learns on his 11th birthday that he is the orphaned son of two powerful wizards and possesses unique magical powers of his own, opened up with Harry Potter and the Philosopher’s Stone, w ...

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