Updates

Future - Digital publishing business eyes further acquisitions

June 2018

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.

Subscribers may recall Future as a dot com wonder stock thanks to a stack of computer gaming titles including the rights to publish the official magazine for Sony Playstation 2 but after suffering a near death experience due to a hiatus in games console launches and high debts, the company has risen phoenix like from those ashes. The catalyst was the arrival of CEO Zillah Byng-Maddick in 2014 who oversaw a strategic re-launch as a digitally focused publisher, cleverly leveraging the content from its existing titles to build specialist websites in areas such as home improvement, photography and gaming and this has triggered several meaty eps upgrades. Back in FY’ 15 it made just £0.2m pretax profit and eps of 2.7p but helped b ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

OneSavings Bank

Scapa

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