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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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UK Mail

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:
  • UKM
  • Price:
  • 430p
The shares fell sharply after UK Mail warned that although its half year performance is expected to be in line with expectations, Q2 parcels volumes were below expectations although it’s too early to assess whether this is the start of a more persistent trend.Average daily volumes in H1 are expected to increase to 6%, compared with +25% last time and while a moderation in growth was expected ahead of new capacity coming on stream the bug-bear was that the pick-up after the seasonally quiet summer period (due to holidays) did not materialise.Investec, which believes this is a sector wide theme, has reduced its 2015 and 2016 profit forecast by £2m to £22m and £24m for new eps of 31.8p and 34.7p respectiv ...

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Related Articles

UK Mail - Parcels increase profits 37% (July 2014)
UK Mail - Parcel delivery business boosted by surge in online shopping (February 2014)
UK Mail - Booming online commerce driving rapid growth in parcels division (November 2013)

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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