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Giardino

March 2002

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:
  • GDO
The market didn't take kindly to a trading update issued by Giardinoover the month. The shares fell 40% on the day, having been weak in thepreceding few days. Giardino has said that trading in the six months to31 January was mixed. Trading in October and November  was weak, December saw a sharp rebound but January again saw a significant downturn. In particular, it experienced a significant decline in footfall in shopping centres as well as increased competition from other retailers such as coffee shops-  Giardino now sees this as atrend.   The extent of the shortfall is demonstrated bythe fact that as recently as December, management had believed tradingwas in line to meet Beeson Gregory's forecast of £4.5m pre ...

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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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