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Conviviality Retail

December 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:
  • CVR
  • Price:
  • 162.5p
We have finally touched base with chief executive, Diana Hunter, following our main write up last month.The biggest bit of new information is that Conviviality has completed the portfolio management of the existing franchised estate and is now moving to a growth phase of store roll-out. Excitingly, Hunter talks about the recent acquisition of the Wine Rack as attracting a more affluent consumer. The brand has been re-engineered into a franchised model (to be launched before Christmas) and spearheads expansion in London and the South East (as well as well-heeled locations such as York and Wimslow) alongside the core Bargain Booze brand, most of which will continue being rolled-out in the North West heartland.  The secon ...

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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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