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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

UP Global Sourcing - Four eps upgrades since November but prospective PE still just 9.4

August 2019

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:
  • UPGS
  • Price:
  • 71.5p
Over the month we spoke with Andrew Gossage, chief executive of UP Global Sourcing (UPGS), a self styled consumer products supplier of cookware, housewares, audio and laundry. Gossage says it stands out by not only delivering value for money but also high quality products and he quips that it “sells John Lewis merchandise at Asda prices.” UPGS is also proving a canny innovator - annually refreshing 1,000 out of its 3,000 lines with new products. What has really caught our eye has been an incredible FOUR upgrades to forecasts since last November, which have driven up eps forecasts to 7.2p for the year ending July ’19 with 7.6p expected in the year about to begin. However, even these numbers are possibly conservative. This is beca ...

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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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