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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Auto Trader

August 2021

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:
  • AUTO
  • Price:
  • 635p
A great month for the shares, which spiked to a new high of 649p. Results revealed revenue down 31% to £225m and operating profit and eps fell 38% and 40%, respectively, to £161m and 13.2p. That  reflected a drop in average revenue per retailer month from £1,949 to £1,324, largely due to advertising discounts for customers as it looked to increase market share during the pandemic. But that’s now in the rearview mirror with Auto Trader raising revenue guidance for the current year. Investec has upgraded FY’22 revenue, pretax and eps 3%, 6% and 7%, respectively, to £395m, £279m and 23.6p with its price target upped from 675p to 715p. With net cash of £15.7m, A ...

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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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