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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Whitbread - Gain to date: 112%

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:
  • WTB
  • Price:
  • 4428p
The exception to the rule that “elephants don’t gallop” must surely be Whitbread, whose shares have more than doubled from our 2088p tip price in little over two years. The FTSE-100 rated company has again released sparkling results with revenues, pretax profit and eps increasing 13%, 18.5% and 21.5% to £1.3bn, £256m and 111.7p respectively for the six months to 28 August. Net debt rose £37m to £467m, due to a near doubling in capital expenditure to £229m to fund expansion.Hotels & Restaurants led the way, growing profit 15% to £225m on an 11% rise in sales to £852m. Premier Inn, its budget hotel chain, increased turnover almost 15% to £571m through a 9.6% jump i ...

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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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