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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Footasylum

August 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.

  • Epic Code:
  • FOOT
  • Price:
  • 67p
Being new to market perhaps Footasylum’s management were unaware that they needed to update the market of a decision to ramp up investment and its implications for eps. For it was that rather than trading which scuppered the shares. Revenues for the year ended February grew 33% to £194.8m, well above forecasts for £183.3m. Digital revenue rose 41% to £59m (30% total), store revenue jumped 27% to £133.2m (68% total) while wholesale contributed a maiden £2.6m. By product category footwear sales rose 21%, apparel rose 50%, boosted by wholesale and own brand mix, while accessories increased 30%. Investment in 10 new stores, an increase in the size of seven existing stores, two refits, a second distribution ...

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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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