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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Wynnstay - Agricultural supplies group enjoys huge eps upgrades

August 2022

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:
  • WYN
  • Price:
  • 610p
I’ve long shied away from agricultural businesses because the underlying commodities such as wheat, barley and oil seed rape are so volatile. However, AIM-listed Wynnstay, which supplies agricultural inputs, grain marketing and specialist merchanting services, has stood head and shoulders above the rest thanks to consistent growth over a long period. When it listed in 2004 its turnover, pretax profit and eps were £103.4m, £2.6m and 15.6p but fast forward to FY’21 and these had increased to £500m, £11.5m and 45.9p, respectively. The dividend has been raised 18 years running. While others have succumbed to rising costs and dwindling consumer confidence, Wynnstay has powered on and following three “trading ahead of expectations updates” sin ...

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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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