Updates

City Pub Group

September 2018

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.

City Pub is due to report on 20 September. Ahead of that it has announced the acquisition of three new pubs in London; The Travellers Friend in Woodford and two Jam Tree pubs in Clapham's Old Town and King's Road in Chelsea. It has also exchanged on a premium seafront café-style bar in Brighton. The total consideration for the sites is £8.1m. Separately, City has opened two more pubs, the Old Ticket Office in Cambridge and the Pontcana Inn in Cardiff. That means it has 41 trading sites and the size of its estate (once exchanged pubs are completed and development pubs are opened) will have increased to 46. Keep buying. ...

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