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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Supergroup - Shares close in on £15

September 2015

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:
  • SGP
  • Price:
  • 1490p
Supergroup, a TMI NAP for 2015 at 904p, has performed superbly, hitting a new high of 1515p over the month.The catalyst was better-than-expected like-for-like sales growth in the first few weeks of this year and a new joint venture with Trendy, a listed Chinese retail business, which operates 3,000 stores under nine brands. Under the agreement the two parties will each invest £9m to fund new store openings in China and it should be self-funding within two years. Management are clearly excited, noting that China is forecast to overtake the US as the largest apparel and footwear market in the world.Results themselves showed a 2% rise in eps and pretax profit to 59.1p and £63.2m respectively. Capital investment was £41.2m (2014: ...

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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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