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Fulham Shore

July 2022

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:
  • FUL
  • Price:
  • 11p
Ahead of reporting full year results on 21 July, Fulham said that trading has rebounded considerably. It opened 10 new restaurants in the year to end March and has an opening programme of 18 units this year. Of these, 11 are already in various states of undress (three opened and eight in fit out). New locations are also prime, “benefiting from historically low rental levels, the likes of which have not been seen for many years.” Net cash stands at  £3.6m with undrawn facilities of £15.9m,Regarding current trading, whilst no financial metrics were reported, Fulham said March and April were in line: the progressive return of tourists is also helping the 17 units located in the West End and other city centres, albeit those in close pr ...

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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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