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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Moonpig

October 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:
  • MOON
  • Price:
  • 370p
Moonpig’s maiden results were slightly ahead of forecast and encouragingly the new year is “moderately ahead” of management expectations.Sales rose 113% (beating JP Morgan Cazenove’s +107% forecast) to £368.2m, thanks to a Covid-19 boost. Gross margin fell 2.4% reflecting promotional activity to support app downloads and reminders; changing  sales mix as attached gifting penetration increased (+5% to 40%); and additional variables costs to support periods of high demand. EBITDA rose 102% to £92.1m, at the top end of February’s guidance, for eps of 6.1p.Moonpig’s crown jewels is its database of birthday and anniversary data and it  increased the number of reminders sent ...

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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