Updates

Swallowfield

September 2018

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.

Swallowfield traded broadly in line with expectations for the year ended 30 June, with the highlight being a strong 16% increase in sales in the brands division, while its profits will be significantly above expectations as a result of improving margins, thanks to scale economies. EBITDA will be £1m better than forecast at £5m implying a c. 23% EBITDA margin (2017: 17.6%). Broker N+1 Singer says confidence in its brands side is high given ongoing customer demand, contracted Christmas gifting orders and some exciting initiatives in the pipeline.However, the shares fell out of bed because of its contracting manufacturing division where sales declined in H1 as expected but didn’t return to growth in H2 as previously ...

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Burford Capital - Shares spike 250p on results

ITV

Swallowfield (June 2019)

Swallowfield - Personal care brands to reach 70% of enlarged profit by 2020 (November 2018)

Swallowfield - Price target rises 20p to 390p (April 2018)

SWallowfield - Shares spike to over £4 (December 2017)

Swallowfield - Personal care brands could trigger supercharged re-rating (July 2017)

Swallowfield - Shares spike to new high (April 2017)

Swallowfield - Brands division to drive eps from 6.5p to 27.5p between FY15 and FY19 (February 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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