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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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BSS

January 2006

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:
  • BTSM
  • Price:
  • 306p
Adjusting for a recent four for one share split, shares in builders merchant BSS hit a new high of 319p in early November, before pulling back, ahead of its interim results. For the six months ended 30 September, sales increased 15.2% to £414m, while pretax profit rose 22% to £17.1m. Earnings increased 20.5% to 10p. The jewel in the crown is the largest division, BSS Domestic, which distributes domestic heating and plumbing products to contractors and secondary merchants. Thanks to the continuing benefit of Government spending on social housing refurbishment, this side enjoyed a 22% rise in profit to £12.9m. Its strategy is the UK wide roll-out of a network of branch centres, which sell everything from boilers, ...

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Related Articles

BSS - Decent Home Initiative driving growth (July 2005)
BSS - Trading ahead of expectations (May 2005)
BSS Group - Builders merchant making record profits (April 2005)

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

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