Updates

Findel

February 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.

Findel has reported its Q3 statement showing the business continues to strengthen.The two best performers were its catalogue selling operation, Express Gifts, and its replica shirt business Kitbag.com. Express is the largest business at almost three-quarters of group sales and Q3 tends to be the heaviest period, roughly 35% of the total for the year. Speaking to chief executive Roger Siddle he notes that this Christmas was the strongest for five years and despite tough comparatives sales were up 13.3%, building on the 9.1% seen in the first eight weeks of the period. All the metrics continue trending in the right direction (eg. customer numbers, average order values, bad debt ratios and repeat ordering patterns) althou ...

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Quindell Portfolio

Emis

Findel - Soon-to-be-prospective PE of just 7.9 (March 2015)

Findel (January 2014)

Findel - Highly geared for the long haul (September 2013)

Findel - Express Gifts momentum continues (July 2013)

Findel (April 2013)

Findel - Shares spike up on institutional buying (January 2013)

Findel (December 2012)

Findel -Prospective PE of 6.2 (November 2012)

Findel (May 2010)

Findel (February 2010)

Findel (October 2009)

Findel - PE of 7.7 versus sector average of 14 (September 2009)

Findel - Forecast upgraded following GLS acquisition (January 2005)

Findel - No loss of momentum on either side (June 2004)

Findel - Subprime recurring revenues (July 2002)

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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