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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Connect Group - Lucrative agreement with Amazon

December 2014

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:
  • CNCT
  • Price:
  • 161p
Results from Connect, the former Smiths News, were overshadowed by a lucrative agreement with Amazon in which the latter will exploit Connect’s newspaper and magazine distribution network to fulfil its “click and collect” orders. When selecting the “pass my parcel” service Amazon customers who order online before 7.45 p.m. will be able to pick up their parcels at the local newsagents or convenience store from 6.30 the next morning, while orders placed before 11.45 a.m. can be picked up from 4 p.m. the same day. This makes it the only such twice-daily delivery service in the UK.Results themselves showed pretax profit and turnover virtually unchanged at £1.8bn and £50m respectively while eps ...

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