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The best stocks to buy since 1993

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Shoe Zone

May 2015

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:
  • SHOE
  • Price:
  • 174.5p
Shoe Zone has said the warm autumn / winter weather   adversely affected sales of higher ticket items (e.g. lower priced ankle boots at £14.99 sold well but long boots at £19.99-£24.99 struggled.) Sales volumes are therefore ahead but average selling prices have fallen,  leading to H1 sales 5% below expectations but given the high gross margins, it anticipates sharply lower profits for the year to end September.   Numis has cut its full year profit estimate by 23% to £10m (eps 15.8p) with £12m (19.3p) next year. Looks oversold; buy. ...

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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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