Updates

Ideal Shopping Direct

July 2010

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.

The shares shot ahead to a new high after Ideal said that sales for the first 21 weeks of the first half have increased by 17.9%. That consists of 10.5% like-for-like growth from the core business and 7.4% from the Lead the Good Life acquisition. In addition, gross margins have also trended higher and as a result, Ideal said it expects to report a â€œsubstantial profit for the first half.â€ Broker, Singer expects a profit of Â£1.5m for H1 10, versus the Â£0.9m loss in H109. For the full year to 31 December, the broker now forecasts Â£5.2m pretax and eps of 13p. Next year's target is Â£7.7m pretax and eps of 15.9p but this could be erring on the low side.Despite the share price rise, net cash is still 25% of the ...

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SuperGroup - Notes following meeting with management

Ideal Shopping Direct (May 2011)

Ideal Shopping (October 2010)

Ideal Shopping Direct - Shares hit new highs (May 2010)

Ideal Shopping Direct - trading ahead of expectations (February 2010)

Ideal Shopping Direct (January 2010)

Ideal Shopping Direct - Like-for-like sales are now positive (November 2009)

Ideal Shopping Direct - Founders back in control (March 2009)

Ideal Shopping Direct (January 2009)

Ideal Shopping Direct (November 2008)

Ideal Shopping Direct (October 2008)

Ideal Shopping Direct - Benefits from Freeview roll-out (August 2008)

Ideal Shopping Direct - Terrfic operational gearing (July 2005)

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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