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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Dunelm

August 2016

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:
  • DNLM
  • Price:
  • 781p
If there’s one retailer you’d bet your mortgage on thriving in a nasty down-turn it would be home furnishings group, Dunelm, whose wide range and value for money approach has fashioned a terrific growth record. Its update for its fourth quarter to 2 July – so only a few days post-Brexit – noted that like-for-like sales grew 2.9% after adjusting for an early Easter and the fact that last year had an extra trading week. It’s even more impressive given “…changeable weather and the slow-down ahead of the EU referendum”.Gross margin in Q4 rose 0.8% due to the improved stock management and end of season product clearance and management expects a 0.6% gain for the whole year.< ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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