Updates

Nichols - Shares back over Â£10

February 2015

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.

The shares soared back over £10 after soft drinks maker Nichols put out a strong year-end update in line with expectations. Group sales increased 3.4% (4% like-for-like) to £113.6m in spite of a tough UK soft drinks market, which only grew 0.4% over the 12 months. Aided by an advertising campaign, Vimto sales increased 4.5%.International sales to the Middle East grew an impressive 12.3% or 7.3% on a like-for-like basis.Investec has nudged up 2014 pretax profit forecasts to £25m for eps of 53.5p, rising to 55.5p this year.Nichols has been a great success for TMI with the shares 189% ahead of our original recommendation at 360p in May ‘10. Having previously suggested taking part profits at pric ...

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

Subscribe now

Already a subscriber? Login

Paypoint - Introduce stoploss

Photo-Me - Laundry product roll-out on track

Nichols (March 2017)

Nichols (April 2016)

Nichols - Markets becoming challenging (February 2016)

Nichols - Acquires Feel Good brand (September 2015)

Nichols (June 2015)

Nichols - Results beat forecasts (April 2015)

Nichols - Net cash to reach £57.8m by 2016 (September 2014)

Nichols - Net cash rises to Â£34m (April 2014)

Nichols - Gain since original tip: 204% (September 2013)

Nichols (June 2013)

Nichols (April 2013)

Nichols - Gain to date:242% (February 2013)

Nichols - Take a part profit (June 2012)

Nichols - Gain to date: 79% (April 2012)

Nichols - Trading ahead of expectations (February 2012)

Nichols - Small upgrade to forecasts (September 2011)

Nichols - Strong rise in Vimto sales should usher in eps upgrades (June 2011)

Nichols - Forecasts nudged higher (May 2011)

Nichols - Yet another profit upgrade (February 2011)

Nichols - Vimto drives forecast busting results (September 2010)

Nichols Plc - Vimto drives strong performance (July 2010)

Nichols Plc - Sensational growth from Vimto drives up soft drink profits (May 2010)

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