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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Poundland - Single price value retailer to double estate to 1000 stores

May 2014

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:
  • PLND
  • Price:
  • 368p
During the long boom that preceded the credit crunch the idea of going to a store that sells thousands of items for £1 probably only appealed to a minority of hard pressed shoppers but the subsequent squeeze on living standards has meant that everyone now loves a bargain. Over in the US there is already a big discount sector on the stock market and Dollar General, which has about 11,000 stores and a market value of over US$19bn and Family Dollar (8,000 stores and a US$8bn cap.) are both nibbling away at the market share of Wal Mart and the drug stores. Up until recently, UK investors couldn’t play this buoyant sector but that all changed with the introduction of Poundland to the Full List at 300p on 12 March. Poundland, which i ...

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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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