Updates

Applegreen

September 2020

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.

Applegreen released an encouraging update, with trading running ahead of expectations in the second quarter of 2020 and it has remained profitable at an EBITDA level, “further underlining its resilience and adaptability.” Encouragingly, the Welcome Break business, which the group considered most vulnerable to Covid-19 due to its dependence on motorway volumes, has seen trading continue to improve as restrictions are lifted. The remainder of the estate traded ahead of expectations with local petrol filling stations achieving strong sales and good fuel margins, while extensive cost savings were made. With more Covid-19 restrictions due to be lifted from 1st August, we expect traffic volumes and ...

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Wizz Air

Contour Global - Owner of power plants growing aggressively through acquisitions

Applegreen - Cash offer of €5.75 a share (January 2021)

Applegreen (November 2020)

Applegreen - Welcome Break deal shifts focus towards convenience retail and food services (July 2020)

Applegreen (November 2019)

Applegreen (September 2019)

Applegreen - Service station group makes transformational Welcome Break acquisition (May 2019)

Applegreen (June 2018)

Applegreen - Irish petrol retailer expanding rapidly into UK and US (November 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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