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Secondary Recommendation

B&M European Value Retail - Discount retailer growing like topsy

February 2017

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:
  • BME
  • Price:
  • 301p
One of Prime Minister Theresa May’s stated objectives is to help so-called JAMs (“just about managing” families; believed to comprise households earning £12k-£35k), but also helping to beat austerity are the growing army of supermarket discounters, now giving the established players like Tesco and Sainsburys a run for their money. Figures from retail analysts IGD predict that the discounters will increase their market by a whopping 40% to almost £25bn in the five years to 2021 and at the forefront of this march is B&M European Value Retail, which owns 533 discount retail stores in the UK. After floating at 270p in June ‘14, its original intention was to grow to around 850 stores, by opening a ...

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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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