image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates

ScS Group

September 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:
  • SCS
  • Price:
  • 155.5p
ScS said that after the dramatic slowdown in trading over the 4 weeks post Easter, when sales had collapsed with like-for-like order intake down 15.9%, trading recovered to normal levels in Q4 with like-for-likes of +2% in the final 10 weeks of the year. Total like-for-like sales for the year to end July were up 5% on last year.Investec forecasts £6.5m pretax/eps 12.4p for the year already ended. Despite strong new space addition and House of Fraser concessions kicking in, the broker has taken a more conservative view on prospects and shaded its expectation to £7.6m/13.6p for the current year. Having blotted its copybook so early on, the market will need some convincing although the confirmed 14p dividend or 10% yield p ...

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

Subscribe now

Already a subscriber? Login

Related Articles

ScS Group - Like-for-like orders +13.3% in first 9 weeks (October 2015)
ScS Group (June 2015)
ScS Group (April 2015)
ScS Group - No. 2 in sofa market moves into carpets (March 2015)

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

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

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

SUBSCRIBE NOW