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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Eddie Stobart - Trucking business expanding into e-commerce market

July 2017

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:
  • ESL
  • Price:
  • 158.5p
Eddie Stobart Group, a leading light in logistics and best known for its distinctive fleet of red, green and white trucks, was introduced to AIM in April, raising a net £112m new money and valuing the group at £575m. The placing attracted a roll call of top fund managers including Neil Woodford, Axa, Invesco, and Schroders. While the shares have been quiet, its fortunes are very much on the up with pretax profit rising from £23.3m in the period to November ’14 (eight months) to £36.4m in the year ended 2015 and then £41.1m last year.The company’s roots go back to the 1960s but a new era essentially began when it was sold by parent company Stobart, 278.5p (a TMI main write-up on page 1) in M ...

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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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