image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Dunelm - Gain on original tip: 323%

February 2013

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:
  • 737p
Specialist out-of-town homewares retailer Dunelm has proved an outstanding share for us with the latest share price rise to over £7 comparing favourably with our original buy rating at 182p in April '09 and most recently at 564p last September. The performance is even better if one factors in the recent 32.5p special dividend. That cost it almost £66m but cash generation has been so strong that net funds have risen back up to £49.7m so there could be another “special” in the offing. As is par for Dunelm its latest trading update was ahead of brokers expectations with total revenue rising 13.4% in the 26 weeks to 29 December. This period included 10 superstore openings while like-for-like sales grew 2. ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

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