Updates

Stobart

October 2019

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 rallied to a recent high of 139p after Stobart announced it had won low cost airline Wizz Air as a new customer at London Southend airport. It’s a big fish to land with Wizz expected to add 14 weekly fights and three new routes from Southend to Bucharest and Sibiu (both Romania) and Vilnius (Lithuania), which should attract 250,000 passengers in the first year of what is a 5-year agreement. This deal, which builds on recent Ryanair / Loganair wins, will have a full impact in FY’21 and will help Stobart build towards its target of 5 million passengers by February 2023.Most recently highlighted at 113.5p in August ‘19, we are strong holders of the shares. ...

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Diversified Gas & Oil

Stobart (February 2020)

Stobart (November 2019)

Stobart - Heavy cluster buying by directors (August 2019)

Stobart - Seven directors buy shares (July 2019)

Stobart - Still on track to triple EBITDA by FY 22 (December 2017)

Stobart - Target to grow EBITDA from £35m to £98m between 2017-2022 (July 2017)

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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