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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Whitbread - Shares have now gained 283p since our recommendation

December 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:
  • WTB
  • Price:
  • 2371p
The strong momentum in the shares has continued with a new high of 2456p, while at the current price the gain is 283p in four months. This followed results for the six months to 30 August showing revenues up 14% to £1,018m while pretax profit increased almost 11% to £193m. Eps rose 8% to 98.2p. Within Hotels & Restaurants revenues increased 10% to £706m, with Premier Inn growing  revenues 13% to £443m thanks to a near 10% increase in room capacity and 2.4% Revenue per available room (REVPAR) growth, while restaurants grew 5% to £262m. That made for a divisional operating profit increase of 8.5% to £181m. Whitbread plans to open 31 new hotels (c. 4,500 new rooms) in 2012, while its committed pipeline beyond this 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.

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