Updates

N Brown

August 2016

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.

N Brown seems to be one of the market’s most vilified stocks with even the austere FT dubbing it as providing cheap clothes for fat people who can barely afford them. Although the company has had an inconsistent pattern of good-bad-good news reporting, based on Shore Capital’s eps forecast of 24.1p for the current year to end February N Brown now trades on a PE of 7.2 - at the bottom of its 7-19x 15-year range.The latest Q1 to end May was thankfully a rather upbeat period and management has reiterated cost and margin guidance. More and more customers have moved online, which now accounts for 67% of total sales, up 5% year-on-year. Product sales were -1.6% in Q1 with the total active customers broadly flat. Within that, ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Blancco Technology

Wilmington

N Brown (February 2023)

N Brown - Sales of the 5 Strategic Brands turn positive in Q4 (June 2021)

N Brown - Peel Hunt forecasts eps to rise to 12.6p in year starting 1 March (February 2021)

N Brown - Online clothing and homewares retailer on single digit PE (December 2020)

N Brown (March 2018)

N Brown (February 2017)

N Brown (November 2016)

N Brown - Fit4Future rollout continues apace (May 2016)

N Brown - £45m annual payback from £64m investment (March 2016)

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