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Laura Ashley - Home Strong but fashion weaker

August 2013

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:
  • ALY
  • Price:
  • 26p
The shares have hung fire in recent weeks. A trading update recorded that the first 18 weeks of the year has seen both total UK retail sales and like-for-like sales down 0.6%. The performance was held back by weaker fashion sales blamed on the cold weather in March/April whilst home furnishings were strong.  On a brighter note, its international franchise partners opened 10 new shops to take the total to 276 shops in 31 countries. E-commerce sales were up 4.4%. Cantor leaves its forecast unchanged at £21m, eps (2.1p) with a 2p dividend. Keep buying. ...

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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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