Late last month I observed that boohoo (BOO) was uninteresting to me, but I was going to have a look at shares in ASOS (ASC) which was due to give a big update this Thursday…but it has come out early. I bet you cannot guess why!
Despite covid response-related inefficiencies and challenges, alcohol drinks brands owner Distil plc (DIS) is “pleased to report another year of increased profit, revenue growth and continued investment in our brands” and the shares have currently responded up to 2.40p. Is there further potential?…
Self-styled “leading provider of online search, merchandising and personalization solutions for ecommerce” Attraqt Group (ATQT) is “pleased to provide” a first quarter trading update. Why do the shares remain at 41.5p, down from 48p reached earlier this year?…
Previously writing on self-styled “leading provider of “safe distance” people-screening technology to the international security market” Thruvision Group (THRU), in October with the shares rising to above 28p I concluded that whilst there should be some suitability to the current environment, the update also includes the company’s aviation sector “badly affected”. With also a more than £40 million market cap, I currently avoid. The shares last closed at 23.5p… and today a “Pre-Close Statement”…
A “Trading Update” from ‘logistics, e-fulfilment and returns management services’ company Clipper Logistics (CLG) includes “November and December, revenues in its logistics business were 50.0% higher than in the corresponding period of the prior year, with strong growth in both e-commerce related activities and non e-fulfilment services”. What does a share price currently up to 600p discount?…
Hello Share Mongers. If you’re looking for a company which could benefit rather than suffer from the virus, then might I suggest considering Tritax Big Box REIT (BBOX). I’ve previously covered this go-ahead outfit which provides warehouse space for many companies with household names. Sounds a bit boring. Except that Tritax uses state of the art robots to store and distribute goods for its clients…
I really should stick with what I know, as my call to book some profits (if you held shares) in ASOS (ASC) back in July was – ahem – not the strongest of recommendations. Still, who hasn’t been whipped around by this one at some point in the last twenty odd years? I know someone who claims to have been ‘delighted’ to have doubled their money below 10p a share back in the day… Holding your nerve on a mega growth stock is far more easily done via the fine offices of Hindsight Asset Management. All you can do is crack on and do your best – given your personal investment style and preferences. Don’t regret but look forward (and learn from the past)…
Hello, Share Thinkers. I’m indebted to the reader who added a few useful suggestions to my weekend piece on the 22 benefits of self-isolation. Both for his ideas and the comforting general view he added which went something like: ‘Once it’s over, we can all look forward to 10 years of rising share prices’. That’s what happened after the 2008 bank crash. Meanwhile here’s another share in my current series that could benefit from the crisis...
Hello, Share Players. You have a better chance of making money from a company if it’s part of a growing trend. One of the most promising areas for expansion in this ever-complicated world is the massive warehouse game. More and more of us are buying online. That’s why the High Street struggles. But we are still buying objects and these have to be stored somewhere. They also have to be moved about and distributed. And if you can get robots to do the job, instead of expensive humans, it all helps to massage the profit...
Hello Share Chasers. Findel (FDL) is an unusual sort of company, combining two very different areas of business activity. It sold a lot of Christmas bits and pieces in the Yule countdown. Its less seasonal products include clothes, toys, furniture and kitchen stuff. The other arm is the Findel Education department. This supplies things to schools. The only common denominator which comes quickly to mind is that children’s needs are a large part of its custom.
Even a fashion luddite like me knows that clothing retail works best when you have a clear and distinct winter and summer period. The fashionistas and general public alike buy to look on-trend and functional as the temperatures respectively plummet or rise. In that vein then, the recent bout of extended hot weather was a retail bullseye - assuming, of course, that you have sufficient online capability to be active where increasingly the action is.
Having been cautious on ‘fast fashion’ womenswear retailer Quiz plc (QUIZ) since July 2017 161p per share AIM IPO, I note a positive share price response to a year ended 31st March 2018 trading update…
Having been (thus far correctly) sceptical at its 226p (or was that £2.26?) per share 2014 IPO and just after, I now update with shares in international online retailing group MySale (MYSL) currently edging higher towards 45p on the back of an update that it “has made good progress in the first half of the current financial year” with “strong momentum into the second half of the year”. Is all though as positive as these statements suggest? ...
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