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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

B&M European Retail - Fast growing discount retailer plans to double store numbers

November 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:
  • BME
  • Price:
  • 264p
All the supermarket chains have been warning on profits as they lose share to the discounters, a sector which has ballooned from £1.4bn to £5.4bn between 2001-2013. Traditionally, this sector was seen as a dowdy niche but a recent survey showed that nearly nine in ten consumers have bought something from at least one of the seven largest general value discounters while forecasts point to industry growth of 8.2% a year up to 2018. One player that is riding the crest of this wave is B&M European Retail, which operates 375 outlets in the UK and has posted phenomenal growth with operating profit increasing from almost £10m in 2006 to £120m in 2014.But chief executive Simon Arora has commissioned a store pote ...

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