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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Dunelm - Shares hit new high

August 2019

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:
  • 867p
The shares jumped to a new high of 920p after homewares group Dunelm said trading is ahead of expectations for the year ended 29 June. Since its last update on 10th April it’s seen strong like-for-like growth particularly in May and June, reflecting both the soft comparator period (Q4 2018 like-for-like growth: 0.1%) and unseasonably favourable weather this year.As a result it expects pretax profit of £124m-£126m. Further details will be provided in its Q4 update on 10th July. ...

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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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