Primary Recommendation

UP Global Solutions - Household brands owner to increase eps from 7.1p to 13.6p om three years to 2019

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.

UP Global Sourcing (UPGS) is a fast-growing owner, licensee, developer and manager of popular consumer brands for the home with best-selling products including Beldray (ironing boards); Salter and Russell Hobbs (both kitchenware); and Intempo (an innovative audio brand for teenagers). UPGS only came to market on 1 March but the shares have quickly rattled up from the 128p placing price to the current 220p and it’s not hard to see why; between the years ending July 2013 – 2016 turnover has soared from £52.6m to £79m, turning a small loss into a profit of £5.8m while in the six months ended 31 January ’17 turnover and pretax profit increased 62% and 78% to £68.1m and £8.4m, respectively. Secr ...

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Stobart - Target to grow EBITDA from £35m to £98m between 2017-2022

Swallowfield - Personal care brands could trigger supercharged re-rating

UP Global Sourcing (October 2023)

UP Global Sourcing (May 2023)

UP Global Sourcing (April 2023)

UP Global Sourcing (December 2022)

UP Global Sourcing (October 2022)

UP Global Sourcing (June 2022)

UP Global Sourcing - Gain to date: 76% (October 2021)

UP Global Sourcing - Eps enhancing acquisition (August 2021)

UP Global Sourcing (April 2021)

UP Global Sourcing - Shares surge above 140p (February 2021)

UP Global Sourcing (November 2020)

UP Global Sourcing - Trading above expectation (August 2020)

UP Global Sourcing (June 2020)

UP Global Sourcing (May 2020)

UP Global Sourcing (March 2020)

UP Global Sourcing (December 2019)

UP Global Sourcing - Sales jump 41% (October 2019)

UP Global Sourcing - Four eps upgrades since November but prospective PE still just 9.4 (August 2019)

UP Global Sourcing - Four eps forecast upgrades since November (July 2019)

UP Global Sourcing - Terrific buying opportunity after upgrades (February 2019)

UP Global Sourcing (April 2018)

UP Global Sourcing (November 2017)

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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