Updates

Stobart

November 2019

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.

In a first half update Stobart said passenger numbers at Southend airport have increased by 42%, driven by the start of Ryanair flights in April, Loganair in May plus the continued success of Easyjet. Demand was also stoked by the introduction of early and late rail services between London Liverpool Street and Southend Airport. Not a bad performance, given the industry turmoil enveloping Thomas Cook and various airlines.From October Wizzair will start flying from Southend Airport to three new destinations. While Stobart is on course to hit its target of 5m passengers by February 2023, it’s taking a cautious approach to forecasts in part due to Brexit and is now expecting to reach 2.3m passengers for the year ending Feb 2020, ...

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Mortgage Advice Bureau

Premier Oil

Stobart (February 2020)

Stobart (October 2019)

Stobart - Heavy cluster buying by directors (August 2019)

Stobart - Seven directors buy shares (July 2019)

Stobart - Still on track to triple EBITDA by FY 22 (December 2017)

Stobart - Target to grow EBITDA from £35m to £98m between 2017-2022 (July 2017)

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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