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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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SCS Group

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:
  • SCS
  • Price:
  • 268p
Although the shares fell on results day, SCS’ EBITDA of £22.9m was marginally ahead of Peel Hunt’s £22m forecast. Underlying profit was £18.4m, while revenues were 21.6% ahead at £310.6m, helped by online sales up 146% to £46.9m. SCS declared a 7p final dividend, taking the total to 10p.As previously reported its year-end order book was £103.5m versus £104.7m last year and just £42.9m in FY’19. Encouragingly, the “new” news was that like-for-like order intake for the nine weeks to 2 October on a two-year basis grew 11.9%.Despite the well documented supply chain challenges SCS has said trading remains in line and Peel’s forecasts for 29.6p eps ...

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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.

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