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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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B&M European Retail

November 2021

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:
  • 595p
The shares touched a new high over £6 after general merchandise retailer B&M said whilst revenues were broadly in line in the first half year ending 25 September, gross margins have been stronger than anticipated. As a result, it has raised its guidance for adjusted EBITDA to £275m-£285m versus consensus forecasts for £235m.Interim results are due on 11 November.Highlighted at 269.5p in May ‘20, the shares have gained 137%, including special dividends of 45p. ...

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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

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