Primary Recommendations

Supreme - Second “profits ahead of” statement in four months

May 2023

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.

I don’t know what 53-year old chief executive of Supreme Sandy Chadha has been smoking. In a recent video interview, he laid out his stall with a target to grow by just 10% a year (5% organic and 5% acquisitive) but since he took control of his father’s distribution business in 1990, he has been growing Supreme at a rate of knots. Chadha does not have the look of a Mr-10%. Last year saw a brief hiatus in his growth plans for his consumer goods business when cost inflation impacted the Sports Nutrition & Wellness side. There was also some weakness in Lighting (overstocking to understocking) and temporary headwinds relating to recent acquisitions (eg. carrying duplicate costs prior to consolidation) but as I describe below, it l ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Essentra - Plans one acquisition every six months

Lords Trading Group

Supreme (October 2024)

Supreme - October price rise will lead to windfall (August 2024)

Supreme (February 2024)

Supreme - Upgrades expectations by £4m (3rd upgrade) (December 2023)

Supreme (November 2023)

Supreme - Upgrades guidance by 17% (October 2023)

Supreme - Accelerated trading in the first three months (August 2023)

Supreme - Sells Red Astaire vape brand for €4.5m cash (April 2023)

Supreme - Disposable vapes grows strongly (March 2023)

Supreme - Upgrade cycle resuming (December 2022)

Supreme (September 2022)

Supreme (August 2022)

Supreme - Eps enhancing acquisition of Liberty Flights (July 2022)

Supreme (May 2022)

Supreme - Shares break into new highs (January 2022)

Supreme (November 2021)

Supreme - Launches digital vitamin brand (August 2021)

Supreme - Expands sports nutrition capacity (July 2021)

Supreme (June 2021)

Supreme - Multi-stage rocket in consumer staples (March 2021)

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