Secondary Recommendation

Majestic Wine - Aim to double estate to 330 outlets

July 2011

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.

When we wrote up homewares specialist Dunelm, 410p, last month we noted how it's possible to find the occasional jewel even in a struggling sector such as retail and another company shaping up for a similar run of success is Majestic Wine, which operates a chain of wine warehouses. Majestic has admittedly enjoyed some luck recently, following the demise of two of its major rivals, Oddbins and First Quench but it could be argued that it deserved a little break, given its superlative record as a quoted company, with its shares increasing more than eight-fold in the past 10 years. This performance mirrors its strong financial performance, with latest full year results comfortably beating forecasts and with management confidently predict ...

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Majestic Wine (February 2015)

Majestic Wine (August 2014)

Majestic Wine (January 2013)

Majestic Wine - 8% increase in transactions (August 2012)

Majestic Wine (March 2012)

Majestic Wine - Further reduction in Net debt (February 2012)

Majestic Wine (August 2011)

Majestic Wine - Reduction in minimum order drives strong growth (July 2010)

Majestic Wine (August 2009)

Majestc Wine (February 2009)

Majestic Wine - Profits well below forecasts (December 2008)

Majestic Wine (August 2008)

Majestic WIne (January 2008)

Majestic Wine (August 2007)

Majestic Wine (February 2007)

Majestic Wine (January 2007)

Majestic Wine (August 2006)

Majestic Wine (February 2006)

Majestic Wine (January 2006)

Majestic Wine (August 2005)

Majestic Wine (January 2005)

Majestic Wine (July 2004)

Majestic Wine (February 2004)

Majestic Wine (January 2004)

Majestic Wine (July 2003)

Majestic Wine (February 2003)

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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