Updates

UP Global Sourcing - CEO in good cheer - does this indicate a resumption of home-related spending?

December 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.

Businesses supplying homewares in Britain are being transformed by specialisation, as companies focus on what they do best - that is becoming brand owners and contracting out manufacturing to companies in China. UPGS is one of the leading specialists, designing and supplying kitchenware, small electricals, luggage and audio products.During the month I met CEO Andrew Gossage again. You might recall from my earlier write up that UPGS’ brands include Beldray, Intempo and Constellation and because it can do it better and cheaper than even giant companies can, it also has the (global) licences for Russell Hobbs and Salter. Skilful implementation of moving manufacturing to 230 outsourced suppliers in China enabled UPGS to gain shar ...

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Scapa

Dart Group

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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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