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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Greene King - Trading more upbeat

October 2009

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:
  • GNK
  • Price:
  • 457p
With signs that the low interest rates are finally coaxing consumers  out of their shells, now looks a good time to invest in regional pubs operator Greene King, which has just unveiled a much more upbeat trading update than expected. In truth, subscribers shouldn't be too surprised as Greene King has always been a safe pair of hands, with its earnings having risen from 14.6p to 66.5p in the past fourteen years. And with the recession having led to substantial pub closures amongst its rivals our belief is that when the economy really improves competition should be less intense, with profits likely to pick up sharply. Founded in 1799, Greene King has grown steadily from its base in Bury St Edmonds, Suffolk to become the leadin ...

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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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