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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Belvoir

July 2021

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:
  • BLV
  • Price:
  • 246.5p
The shares took off vertically to a new high of 254p after property franchise group Belvoir announced trading for the four months to 30 April was materially ahead of expectations, with substantial growth across all three markets.Management Service Fees (MSF) rose 22% with MSF from lettings up 12% and MSF from sales rising a massive 81%. Both are clearly helped by the tail-wind from pent-up demand following the Covid-19 lockdowns and also the stamp duty holiday, which will be tapered down from 30 June to final closure at the end of September.Additionally, financial services net income rose 24%, in part thanks to an  increase in Belvoir’s adviser network (+12 advisers) and partly from high demand for mortgages to sat ...

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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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