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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

SSP Group - Operator of fast food outlets in airports and train stations makes solid debut

September 2014

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:
  • SSP
  • Price:
  • 230p
One of the most dramatic turnarounds ever seen by investors has been stationery retailer, WH Smith, which under the auspices of Kate Swann was transformed from a business losing £72m in 2004 and in danger of going bust to one that made a profit of £108m last year. Along the way its shares have soared from less than £3 to almost £10 although even that doesn’t factor in several special dividends, as Smiths benefited from Swann’s decision to ditch low margin entertainment ranges like CDs, DVDs and video games and move towards more profitable newspaper, magazines and stationery products. While this success came mostly through margin growth, Swann was also credited with boosting Smiths’ top-line by building up a substantial travel d ...

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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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