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Ottakar's

February 2003

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:
  • OKR
Bookseller, Ottakars, looks set to enjoy a strong run ahead of the publication of the fifth of the six Harry Potter books, "Order of the Phoenix," on 21 June. The previous books all remain on the best seller lists and all went to number one. Ottakars has alreadyreported strong trading over the Christmas period. Sales for the sixweeks to 11 January were up 19% helped by the new stores opened during2002 and the eight stores from the Thin acquisition. For the 50 weeksto 11 January, sales lifted 15.2%. Like-for-like sales wereup 5.0% over the six weeks and up 3.3% over 50 weeks. These resultsare despite strong comparatives with like-for-like sales up 7.5% inthe first six weeks last year. Ottakars also stated that gros ...

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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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