Updates

Belvoir

November 2020

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.

After plunging to a low of 90p, shares in property franchise firm Belvoir have recovered well to 146p, helped by reassuring results with no signs of Covid Armageddon. For the six months ended 30 June, revenues rose 8% to £9.8m, helped by a first time contribution from the Lovelle network (acquired last January) of £572,000. Pretax profit rose 17% to £3.2m and eps went up from 6.3p to 7.3p. The strongly recurring nature of lettings revenue meant the larger property lettings division only suffered a 1% fall in management service fees (MSF) to £4.16m, which comprise the royalty charges paid by franchisees on their turnover. During the period five new franchise owners joined the group taking the total to 308. The tota ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Luceco - Shares hit new high of 221p

Gym Group

Belvoir (February 2024)

Belvoir (November 2023)

Belvoir (July 2023)

Belvoir (August 2022)

Belvoir (June 2022)

Beloir (February 2022)

Belvoir (November 2021)

Belvoir (September 2021)

Belvoir (July 2021)

Belvoir (June 2021)

Belvoir (February 2021)

Belvoir Group - Property franchise business trading comfortably ahead of expectations (March 2020)

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