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SuperGroup - Notes following meeting with management

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.

  • Epic Code:
  • SGP
  • Price:
  • 720p
As expected, the latest FTSE-250 reshuffle saw SuperGroup promoted into the index with effect from 18 July, one week after last month's issue landed. The company has also since appointed a franchise partner for the Middle East, which will enable it to expand in the region without a commitment to capital. The agreement with Al Khayyat is to open 13 Superdry stores across the UAE in the next three years, with the first to open in July. The next step for SuperGroup will be to look for opportunities in the Far East, in particular in Indonesia, China and Taiwan. Expansion in Japan is a bit of a thorny issue as the Superdry brand is owned by Ashai Breweries ...

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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.

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