Updates

Ottakar's - Book retailer still in fine fettle

November 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.

Specialist book retailer, Ottakar's posted another sparkling tradingupdate, for the seasonally quiet first six months ended 2 August.Thanks largely to a first-time contribution from Hammicks, which increased total trading space by 30%, turnover rose 37% to Â£57.5m and although pretax losses widened from Â£2.3m to Â£2.9m that reflected a greater number of new openings in the mix. More importantly Ottakar'sis approaching the crucial Christmas period in good shape, with like-for-like sales up 3.5% for the seven weeks to 20 September. Chairman, Philip Dunne, notes that Ottakar's nowtrades from 117 stores (501,000 sq ft) with four more due to open before Christmas. We' ...

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Ottakar's - Take profits (March 2004)

Ottakar's - Upbeat trading statement (August 2003)

Ottakar's - Canny acquisition kick-starts shares (May 2003)

Ottakar's - Harry Potter release to boost sentiment (March 2003)

Ottakar's - Earnings to grow 72% over 2 years (February 2003)

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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