Primary Recommendations

musicMagpie - Rental metrics awaited

December 2022

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.

“It’s only when the tide goes out you know who's swimming naked,” is a line from Warren Buffett. What he meant is that you don't really appreciate the risks that companies are taking until they are tested by adverse conditions and it applies particularly to new issues, many of which crashed and burned during the past year. But not all should be given up as worthless. One which recently caught my eye is the UK’s leading re-commerce business, musicMagpie, which owns a trading platform for consumer electronics and has seen heavy buying by directors. Floated at 193p in FY21 in a heavily oversubscribed placing, the shares are now a fraction of the IPO price at 22p and most investors have written off its prospects. During the m ...

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Yü Group - Chief executive says he is in a hurry to grow

Supreme - Upgrade cycle resuming

musicMagpie (January 2024)

musicMagpie (December 2023)

musicMagpie - “Buy more” gets a leg up with start of shopping centre rollout (September 2023)

musicMagpie (August 2023)

musicMagpie (July 2023)

musicMagpie - Rental now £4m+ of gross profit (April 2023)

musicMagpie - Starts selling on Walmart.com (February 2023)

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