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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Wyevale Garden Centres - Sun shines on garden centre operator

May 2002

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:
  • WGC
Shares in Wyevale have resumed their long-term uptrend, which can betraced back to late 1992, when they were just 102p.  Investors' excitement centres on both this year's dry spring, which accounts for around half annual profits and the good progress integrating Country Gardens, Wyevale's largest ever acquisition.  Following that acquisition, Wyevale became the largest garden centre operator in the UK, with 120 centres, ahead of number two, Dobbies, (522p) with 16 and  Blooms of Bressingham (65p)  with 12 centres. Inrecent years Wyevale has introduced a more general retail and leisureoffering to attract the shoppers  looking for a day out as wellas the hard core enthusiasts.  Along with the regula ...

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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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