Updates

Safestyle

October 2017

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.

The shares fell after Safestyle warned that although it has continued to trade in line with earlier months, with order intake levels up 2% year on year between its AGM on 18th May and end of June, the trend from week to week in H2 has been more volatile than has been seen for a long time; Industry statistics from FENSA note a 10% market volume decline in the first five months of the year. It now expects only modest revenue growth in H2 with profits being lower than previously anticipated and broadly in line with 2016. Cash flow has been strong with net cash of £17.7m as at 30 June.Zeus Capital has downgraded its pretax profit forecasts by 6% to £20.1m with £20.7m for FY’18 giving new eps of 19.5p and 20.1p.< ...

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Hill & Smith

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Safestyle (June 2017)

Safestyle - Order book grew 20% in H1 (December 2016)

Safestyle (November 2015)

Safestyle (September 2015)

Safestyle - Another rise in market share (June 2015)

Safestyle - Tenth year of market share gains (March 2015)

Safestyle (November 2014)

Safestyle - Decent market share gains (September 2014)

Safestyle (May 2014)

Safestyle - Double-glazing window specialist already exploiting housing upturn (March 2014)

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