Updates

Nichols - Gain since original tip: 204%

September 2013

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.

Since our last update shares in soft drinks group, Nichols, have soared above Â£11 for the first time, a fine return following our original buy tip at just 365p back in May 2010. Interim results showed pretax profit increasing 9% to Â£9m on turnover virtually unchanged at Â£55.2m, while eps increased 11% to 18.76p. Net cash rose again from Â£23.6m to Â£31.2m. The UK, which trades through the Vimto, Sunkist, Levi Roots and Weight Watchers brands, was mixed with strong growth in Stills countered by a decline in Carbonates, primarily low margin products. This reflects a deliberate policy of focusing on profits rather than volumes in what is a highly promotional market, but the reward was operating margins rising 1% to 16 ...

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Nichols (March 2017)

Nichols (April 2016)

Nichols - Markets becoming challenging (February 2016)

Nichols - Acquires Feel Good brand (September 2015)

Nichols (June 2015)

Nichols - Results beat forecasts (April 2015)

Nichols - Shares back over Â£10 (February 2015)

Nichols - Net cash to reach £57.8m by 2016 (September 2014)

Nichols - Net cash rises to Â£34m (April 2014)

Nichols (June 2013)

Nichols (April 2013)

Nichols - Gain to date:242% (February 2013)

Nichols - Take a part profit (June 2012)

Nichols - Gain to date: 79% (April 2012)

Nichols - Trading ahead of expectations (February 2012)

Nichols - Small upgrade to forecasts (September 2011)

Nichols - Strong rise in Vimto sales should usher in eps upgrades (June 2011)

Nichols - Forecasts nudged higher (May 2011)

Nichols - Yet another profit upgrade (February 2011)

Nichols - Vimto drives forecast busting results (September 2010)

Nichols Plc - Vimto drives strong performance (July 2010)

Nichols Plc - Sensational growth from Vimto drives up soft drink profits (May 2010)

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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