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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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GoCo Group

September 2019

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:
  • GOCO
  • Price:
  • 80p
GoCo’s first half results were dominated by its investment in its exciting new Auto Save proposition, We Flip, which reduced operating profit by 40% to £12.5m. Without that investment profits were virtually unchanged at £20.6m on sales unchanged at £76m, reflecting a competitive environment.The group has doubled down on growing its Auto Save side through the acquisition of Look After My Bills, one of the fastest growing energy saving services that appeared on the BBC’s Dragons Den last year, for £6m up-front, rising to a maximum £12.5m. ‘Look After My Bills’ has already built up 150,000 live customers and together with We Flip the combined business has 175,000.Excitingly, ...

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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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