Updates

UP Global Sourcing - Shares surge above 140p

February 2021

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 to a new high of 149p after UP Global said it expects underlying EBITDA to be above market expectations. Since its results on 3 November, there’s been continuing momentum in its order book with sales to Online and Supermarket channels performing particularly well. Investments to improve productivity and operational efficiencies within Online meant it received a greater incremental profit uplift and improved operating margins from bumper sales within the peak Autumn / Winter trading period, especially on Amazon Prime Day, Black Friday and Cyber Monday. Its Beldray brand (laundry, floor care, heating and cooling) has been the stand-out performer across the portfolio. Equity Development ha ...

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UP Global Sourcing (October 2023)

UP Global Sourcing (May 2023)

UP Global Sourcing (April 2023)

UP Global Sourcing (December 2022)

UP Global Sourcing (October 2022)

UP Global Sourcing (June 2022)

UP Global Sourcing - Gain to date: 76% (October 2021)

UP Global Sourcing - Eps enhancing acquisition (August 2021)

UP Global Sourcing (April 2021)

UP Global Sourcing (November 2020)

UP Global Sourcing - Trading above expectation (August 2020)

UP Global Sourcing (June 2020)

UP Global Sourcing (May 2020)

UP Global Sourcing (March 2020)

UP Global Sourcing (December 2019)

UP Global Sourcing - Sales jump 41% (October 2019)

UP Global Sourcing - Four eps upgrades since November but prospective PE still just 9.4 (August 2019)

UP Global Sourcing - Four eps forecast upgrades since November (July 2019)

UP Global Sourcing - Terrific buying opportunity after upgrades (February 2019)

UP Global Sourcing (April 2018)

UP Global Sourcing (November 2017)

UP Global Solutions - Household brands owner to increase eps from 7.1p to 13.6p om three years to 2019 (July 2017)

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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