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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Belvoir

September 2021

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:
  • BLV
  • Price:
  • 300p
The shares soared over £3 after property franchise group Belvoir revealed trading at the half-year has been exceptionally strong and ahead of expectations. Revenues rose 41% year-on-year and 53% on 2019 with substantial growth across both divisions.Management Service Fees (MSF) from residential sales were up 100% on H1 20 and 68% on 2019, helped by a 10% rise in prices thanks to the stamp duty holiday and “race for space,” while the current pipelines suggest there won’t be a “cliff edge” when the stamp duty holiday ends.Meanwhile, MSF from lettings, which had been much less affected by the lockdown, rose 13% on H1 20 or 10% excluding the contribution from the acquired Nicholas Humphreys net ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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