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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Safestyle

June 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:
  • SFE
  • Price:
  • 316p
Shares in Safestyle, the UK’s largest manufacturer and retailer of replacement PVCu windows and doors for homeowners, have recovered spectacularly from their post Brexit low of 205p to the current 316p and have almost doubled on our original profile.Readers might wonder how this could be achieved given its mature markets but latest results mark its 12th consecutive year of market share growth to 10.2%. Sales increased 9.5% to £163.1m, pretax profit rose 14% to £20.5m, while eps grew 12.5% to 19.9p (slightly more shares in issue) – all in line.One sign of its quality is 98% cash conversion and while net cash fell £3m to £13.5m this was after a near doubling in dividends to £14.4m (2015 ...

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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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