image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Alexandra - Another to abandon UK manufacturing

May 2003

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.

Alexandra, the largest supplier of workwear clothing in the UK, is yet another company which has abandoned its UK manufacturing base because costs have become too high relative to the competition.  But its transition to outsourcing its stock requirements from low cost Morocco and the Far East  was fraught with difficulties. Alexandra's  antiquated  IT systems and procedures weren't  up to the task, while a number of key personnel in product procurement walked out, problems which culminated in profit falling sharply in the financial year ended January 2002.  However, management has fixed these issues remarkably quickly and prospects now look their best for some time.   Alexandrasupplies professio ...

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

Subscribe now

Already a subscriber? Login

Related Articles

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

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

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