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Likewise - Sector benefits from volume rebates

October 2021

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:
  • LIKE
  • Price:
  • 45p
One of the things that came across from speaking to Headlam (HEAD; 492p) is that in recent years some upstarts have been stealing a march on its nationwide distribution, and as it happened, a day after speaking to Headlam, I spoke to Likewise (LIKE; 45p), which has been set up by Tony Brewer, who was chief executive of Headlam between 2000 and 2016.Brewer left Headlam after a disagreement over elements of strategy and two years later he set up Likewise, and with quirky genius he took with him several old Headlam hands including the commercial and finance director - so clearly the team has a very good knowledge of IT, logistics and relationships with flooring manufacturers across the world. Brewer notes that 30% of the floorcovering ...

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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.

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