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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Marshalls

August 2003

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.

FTSE-250 stock, Marshalls, which makes landscape, clay and natural stone products, is milking the UK housing boom to such effect that it is on course to enjoy its best ever year. Around three quarters of its sales and profit comes from landscape products, which are sold to builders merchants, garden centres, contractors and local authorities. Marshalls is the market leader with a 40% share and from this position of strength is turning itself into a heavyweight brand by spending £3m a year on marketing – quite a  pioneering step in the bricks &mortar world!  This year the group will use television advertisingfor the first time, through sponsoring lunchtime gardening programs on the Satellite channel, UK Style.  Its m ...

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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.

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