Updates

Belvoir

June 2022

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.

Belvoir, the property franchise group, reported strong results for FY’21 with revenue and eps up 37% and 36%, respectively.The bedrock is its Lettings business (56% gross profit), which grew revenue 7% organically and 21% in total, supported by a 12% increase in properties under management to 72,900. Meanwhile, supported by the spike in home moving during the pandemic, property sales (19% gross profit) rose 49%. After a flurry of activity due to the stamp duty extension (which ended last September) the market normalized and FinnCap has assumed revenue declines of 22% in FY’22. Finally, Financial Services grew sales 49% in total, driven by a 20% increase in the number of advisers and the strong mortgage market. Increased mortg ...

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UP Global Sourcing

Sigmaroc

Belvoir (February 2024)

Belvoir (November 2023)

Belvoir (July 2023)

Belvoir (August 2022)

Beloir (February 2022)

Belvoir (November 2021)

Belvoir (September 2021)

Belvoir (July 2021)

Belvoir (June 2021)

Belvoir (February 2021)

Belvoir (November 2020)

Belvoir Group - Property franchise business trading comfortably ahead of expectations (March 2020)

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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