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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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The Property Franchise Group - Management service fees +60% with catnip of further rate cuts ever nearer

November 2024

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:
  • TPFG
  • Price:
  • 410p
The rush to sell residential property ahead of widely expected hikes to capital gains tax in Labour’s upcoming budget reminds me of the scene in The Godfather Part 2 in which the wealthy elite in Cuba rush for the nearest plane or boat to escape the arrival of Fidel Castro and his rebels. This phenomenon, alongside falling mortgage rates, could also provide a one-off boost to The Property Franchise Group, whose interim results were “at least in line with expectations” with turnover up 104% to £26.9m (3% like-for-like), benefiting from a four-month contribution from Belvoir and one-month from GPEA, deals which have doubled the size of the business. EBITDA was up 65% to £9.7m while eps rose 9% to 15.1p reflecting a higher number of ...

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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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