Updates

H&T

February 2008

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.

Pawnbroker H&T has issued a strong trading update with resultsslightly ahead of market expectations, despite the costs of storeexpansion. The group opened four new stores and acquired six stores inH2 on top of the two opened in H1, taking its estate to 89 at the endof December. Whilst growth in jewellery retailing slowed (like-for-likeDecember retail sales were +3.6% versus +12.9% for H1), the grossmargin for December was maintained. In light of the trading update,broker Numis has upgraded its FY07 eps estimates from 13.7p to 14.8p.This year's target is being maintained at 15.2p. The broker has a 250ptarget. Hold for the time being. ...

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H&T - Forecasts upgraded from Â£14.6m to Â£18.2m (eps 37p) (November 2009)

H&T - Boosted by gold scrapping profits (September 2009)

H&T - Barnstorming progress in light of high gold price (June 2009)

H&T - Gold price and weak pound boost profits (March 2009)

H&T (February 2009)

H&T - Gold trading bolsters profit by Â£2.4m (September 2008)

H&T - High gold price boosts profits (May 2008)

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H&T (June 2007)

H&T - Classic defensive stock (February 2007)

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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H&T