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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Cake Box - New openings ahead of schedule

January 2025

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:
  • CBOX
  • Price:
  • 198.5p
The shares inched towards £2 after interims revealed sales up 4.3% with like-for-like +2% against strong prior year comparables (+6%). This was driven by online sales (+16.6% to £9m), increased volumes from 20 stores opened in the prior year and seven new stores opening in the period. With a further seven opening in October (taking the total to 239)  it expects 25 to have opened for the year.   Encouragingly, underlying gross margins excluding an accounting change, increased from 50% to 52.4% due to continued efficiencies in production processes. Panmure Liberum’s unchanged eps forecasts of 12.2p, rising to 14.3p in the year starting April, drop the soon-to-be prospective PE to 13.6. Even with the 47% gain since I wrote ...

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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.

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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