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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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N Brown

May 2015

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:
  • BWNG
  • Price:
  • 321p
In spite of a reduced contribution from financial services, as N Brown tightens its lending criteria for customers buying through credit, it still grew revenues 3.6% in Q4 while they were unchanged for the year. This strategic switch is reducing bad debts but any immediate benefits were offset by “tactical” and “strategic” price investments in Q4. These have resulted in strong customer increases and product volumes returning to double-digit growth for the first time in many years and this “first price right price” also reduces the risk of stock clearances at poor prices.Jefferies has shaded 2015 eps down 0.6p to 23.7p and with N Brown extending this pricing strategy into the current year, the bro ...

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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.

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

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