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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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The Property Franchise Group

July 2024

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:
  • TPFG
  • Price:
  • 443p
The shares jumped 40p to a new high of 445p after Property Franchise Group announced the acquisition of The Guild of Property Professionals and Fine & Country (F&C) for £20m funded through a new debt facility with Barclays. The consideration implies a lowly 5.7x Dec ’23 EV / EBTDA multiple, which is immediately eps enhancing. F&C is a very well-known brand at the Premium end of the Sales market. It licences its brand to an estate agency network, with 193 UK locations and a further 65 internationally. It charges a licence and marketing fee, supporting licensees with technologies, marketing insight and marketing capabilities. The Guild is also a longstanding brand. It supports its member network of 778 outlets wit ...

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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.

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