"Most of the past decade has been a miserable time to be a value investor. These investors follow the school of thought that says one way to gain an edge over the wider stockmarket is to hold a selection of shares that are trading at a significant ..."
Nice results in line with expectations. What's not to like?
P/E 19.5, looks high, but with steady, pretty reliable, growth and zero debt and a PF that's not a problem, that's about right.
Yield 2.4%. Nothing to write home about, but pretty reliable growth there too.
They're toying with other means of growing, such as hospital outlets and online, but no big game changers. There's always the possibility that they'll take advantage of their strength and do a large deal, but who knows what that would be; retail's not exactly an easy market to be in atm with online making inroads - and there are some big beasts online.
"We've written much about the unforgiving mood of markets when companies fail to hit expectations, but not so much on the positives. Food and coffee chain owner LSE:SSPG:SSP Group benefited from an enthusiastic reaction to a strong trading update ..."
"UK retailers are struggling to cope with weak consumer demand due to rising inflation and stagnant wage growth, alongside increasing sector disruption from online offerings such as NASDAQ:AMZN:Amazon. It's why those looking away from the high ..."
As you say, another nice increase in the dividend and if they could just find some initiatives in the high street, the shares could go much higher. I think the idea of Post offices in store would help but, for example, where I live WHS has a large area which would be ideal but they are next door to a fairly new Co-Op which already has the Post Office in residence.
"On a day when markets couldn't decide which way they wanted to go, newsagent chain LSE:SMWH:WH Smith stood out. It issued a well-received trading update four weeks ago, so Tuesday's 5% rally was fuelled solely by a bullish assessment of the ..."
"We havenât heard much from LSE:SMWH:WH Smith since final results in October. Numbers then failed to ignite much interest, and the share price has traded largely between Â£13 and Â£16 since the Brexit vote. But, after crowing that it will make more ..."
Nothing much else new, folks, I'm checking out likely depositories for cash from my NatWest Instant Saver a/c., previously known as esavings. They've reduced the gross interest rate to 0.001%, and still have the nerve to call it a savings a/c. Now I need as safe a haven as possible. Any thoughts?
Although the update was positive overall, the fall in the High Street sales will be a slight disappointment after the hope engendered by the Christmas trading. I suspect the shares will fall/go sideways at best, until the next set of results.
Important message from the Financial Conduct Authority:
Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse.
This could lead to an unlimited fine and up to seven years in prison.
If you have any information, concerns or queries about market abuse, click here.
The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited.
You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong.
Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.
The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements.
Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in.
Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.