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Simplybiz - Advisor membership ahead of forecast

August 2018

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:
  • SBIZ
  • Price:
  • 185p
Simplybiz has seen membership climb by almost 6% since December to 3,628. This and a maiden contribution from Landmark Services (the surveying business of £1.8m) drove revenues in H1 up 13.7% to £24.2m. Average revenue per member increased by £0.4k to £6.9k in the past 12 months. Net cash stands at £1.2m. The ‘sticky’ revenues support broker Zeus’ forecast eps of 10.5p for the year to end December, with 12.9p and 15p over the following two years. Buy ahead of results on 11 September. ...

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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.

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