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French Connection

December 2011

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:
  • FCCN
  • Price:
  • 51p
Another retailer to post a soft trading performance in recent weeks highlighting that the average shopper spent less in the past two months than they did in the same period last year. French Connection said it had however maintained a full price stance in Q3 but like-for-likes fell 9.5%.  But the outlook isn't entirely bleak as it also expects customers to heavily shop in its December and January sales so some of the shortfall will be recovered in Q4. Numis has reduced its forecast to £5.8m pretax and eps of 4.9p for the year to end January, with £6.7m pretax and 5p next year. A very disappointing thing for us to report especially as the shares promised to deliver the goods back in January but th ...

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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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