Updates

Majestic Wine

August 2007

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.

Shares in wine warehouse retailer Majestic Wine spiked upwards after it announced another set of record results. For the year ended 2 April, pretax profit increased 14% to £16.2m on turnover which rose 11% to £191m. Earnings rose a higher 13% to 16.6p thanks in part to the start of its £20m share buy-back program, in which 1.66m shares have so far been cancelled at a cost of £5.4m.Defying the increasingly tough retail climate, Majestic enjoyed underlying sales growth of 5% in the UK. This was driven partly by a 7% increase in customers who have made purchases in the last 12 months and an increase in average spend per transaction from £118 to £123.Majestic enjoyed strong sales growth in wi ...

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Tarsus - High level of contracted sales

Charter - Benefiting from favourable market conditions

Majestic Wine (February 2015)

Majestic Wine (August 2014)

Majestic Wine (January 2013)

Majestic Wine - 8% increase in transactions (August 2012)

Majestic Wine (March 2012)

Majestic Wine - Further reduction in Net debt (February 2012)

Majestic Wine (August 2011)

Majestic Wine - Aim to double estate to 330 outlets (July 2011)

Majestic Wine - Reduction in minimum order drives strong growth (July 2010)

Majestic Wine (August 2009)

Majestc Wine (February 2009)

Majestic Wine - Profits well below forecasts (December 2008)

Majestic Wine (August 2008)

Majestic WIne (January 2008)

Majestic Wine (February 2007)

Majestic Wine (January 2007)

Majestic Wine (August 2006)

Majestic Wine (February 2006)

Majestic Wine (January 2006)

Majestic Wine (August 2005)

Majestic Wine (January 2005)

Majestic Wine (July 2004)

Majestic Wine (February 2004)

Majestic Wine (January 2004)

Majestic Wine (July 2003)

Majestic Wine (February 2003)

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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