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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Joules - Fast growing clothes retailer joins AIM

July 2016

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:
  • JOUL
  • Price:
  • 192.5p
Not many new issues have popped to a nice premium on their first day of dealings in the first half of 2016 but Joules, which designs and sells branded lifestyle clothing, accessories and homeware, is one. Having been introduced to AIM by Peel Hunt and Liberum at 160p on 26th May in a placing that raised £11.5m for the company and £63m for selling shareholders, the shares hit a high of 197p before settling at 192.5p. Joules certainly comes with a decent track record with revenue and EBITDA rising 50% and 44% respectively to £116.4m and £10.7m between 2013-2015. Meanwhile, in the first nine months to 22 February ‘16, sales have risen a further 18% £105.7m and EBITDA 49% to £13.4m.Founded as 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.

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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