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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Carphone Warehouse - Wireless World roll-out going well

August 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.

  • Epic Code:
  • CPW
  • Price:
  • 133.5p
Final results from Carphone showed eps rising 4% to 12.6p on pretax profit that fell £1m to £118.6m. Net debt was almost £30m (2011: net cash: £132m).CPW Europe, its 50%-owned chain of European stores, delivered virtually unchanged operating profit of £135m on turnover that fell 5.5% to £3.3bn, reflecting weak consumer confidence and a reduction in pre-pay handset subsidies from the network operators. Prepay connection volumes fell 30-40% in some markets but this was mitigated by an increase in smart phone penetration in the post pay segment, driving an overall improvement in average revenue per connection. Also going well is the expansion of its Wireless World stores, offering mobile and other wireless devices, which have i ...

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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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