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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

SCS Group - Sofa and flooring retailer on ex cash PE of only 5.6

October 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:
  • 290p
One of the banker trends of 2021 has been the propensity for consumers to divert savings made from lockdowns and the lack of overseas travel into improving their homes. Topps Tiles, a TMI 2021 New Year NAP at 56p (now 70p) has been one beneficiary while another has been SCS Group, operator of a chain of large upholstery stores -  predominantly selling sofas - and which has upgraded market expectations twice since June.CFO, Chris Muir, the former long serving finance chief at van rental firm Northgate, was in fine cheer when I met with him over the month with trading going gangbusters; like-for-like order intake accelerated as it benefited from pent-up demand post stores reopening. Forward visibility is also strong with the order bo ...

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Related Articles

SCS Group (November 2021)
ScS Group - Confident debut from sofas and flooring group (March 2015)
SCS Upholstery (January 2003)

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