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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Mulberry - Trading ahead of expectations

May 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.

  • Epic Code:
  • MUL
  • Price:
  • 295p
Mulberry, famous for its luxury leather handbags, said full year revenue and profit is expected to be ahead of expectations in spite of increased marketing spend as the robust sales trend in H1 continued throughout the second half.Net cash is expected to be in excess of £20m. Results will be declared on 29th June.I wrote about Mulberry around this level last October and while the shares have been sleepy the ramped up marketing suggests demand is robust and there could be further upgrades. I am holding for that. ...

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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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