Primary Recommendation

Conviviality Retail - Franchise off-licence operator

November 2013

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.

When we heard that England had secured its place at the World Cup finals, we instantly began to look for potential beneficiaries. Our recommendation of free-to-air television channel operator STV (STVG; 317.5p) last month has already proved prescient (as TV advertising levels are set to rise - see update on page 3 for details). Another obvious sector is off-licences so our second main write up this month is Conviviality Retail, the holding company for Bargain Booze, a chain of over 600 franchised off licences in the UK, most of which are in the North West and the Midlands. It's a local convenience operator and its customers are often buying “drinks for tonight.” The scorching summer weather has already given the busine ...

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Market Comment - November 2013

Arrow Global - The hallmark of a reliable performer

Conviviality Retail (December 2016)

Conviviality Retail - Forecasts upgraded following second big deal (July 2016)

Conviviality Retail - Eps enhancing acquisition of Matthew Clark (October 2015)

Conviviality Retail (August 2015)

Conviviality Retail (December 2014)

Conviviality Retail (August 2014)

Conviviality Retail (June 2014)

Conviviality Retail (December 2013)

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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