image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Poundland

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.

  • Epic Code:
  • PLND
  • Price:
  • 350p
Shares in discount retailer Poundland perked up after interims came in slightly ahead. For the six months to end September turnover and pretax profit rose 15% and 34% to £528.2m and £12.6m respectively. Operating cash flow rose 31% to £20.8m, reducing net debt to just £4.4m.With consumers continuing to dessert established supermarket chains for the discounters in search of value for money deals, Poundland’s like-for-like sales grew 4.7%, while it also opened a net 28 stores costing £9.9m (mostly in retail parks) taking the total to 556. For the full year it should open 60, while it also now has three stores in Spain. To cope with this expansion last September it opened a third purpose built 350,0 ...

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

Subscribe now

Already a subscriber? Login

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

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

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