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Growth Portfolio 3 - January '25

January 2025

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.

A pleasing month, with five GP3 constituents surging to new highs. Leading the pack was On the Beach, which delivered record total transaction value (TTV) for the third consecutive year. This was achieved despite significant price deflation in the second half, driven by increased seat supply from low-cost carriers: average booking values rose 6% in H1 but declined by 10% in H2. Advanced ADVT gained momentum after brokers initiated with a 190p target. NEXN was lifted by share buybacks, while Yu (Capital Markets Day on 23 January) and MPAC are due updates. AlphaFX shares are also simmering despite i ...

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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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