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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Loungers - Accelerating new openings from 24 to 32 as it eyes 500 outlets

September 2022

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:
  • LGRS
  • Price:
  • 207.5p
In the 80s and 90s, a pub chain or restaurant rolling out a concept was enough to get the pulses racing because management have a fixed target range of new openings each year. During my personal investment journey I’ve witnessed outstanding gains from the likes of Pizza Express and Ask (helped by huge mark-ups on the cheap pizza base and toppings) while JD Wetherspoons (pubs) and Luminar (nightclubs), founded by larger than life characters, Tim Martin and Stephen Thomas, respectively and even franchise roll-outs such as Domino’s Pizza have paid off with handsome multi-bagging gains. During moments where the market is buoyant their respective PE multiples can stretch as high as 40 or even 50 times (in Luminar’s case) but the current sell- ...

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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

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