Updates

Topps Tiles - 160p rise in just two months

April 2004

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.

The incredible Topps Tiles growth story keeps getting better and better, with its latest trading statement indicating that like-for-likesales are over 20% ahead for the first 23 weeks of the year. Given thatthey were only 16% in the first 14 weeks the increase must have been inexcess of 30% in the subsequent nine weeks! Broker, KBC Peel Hunt, notes that gross margins also rose 1% as the benefits of extra scale led to better buying, while the new warehouse should deliver further gains, with gross margins set to smash through the 60% barrier before too long. KBC has upgraded its forecasts for the umpteenth time, with pretax profit expected to be Â£28m for earnings of 43.2p in the current year ending 31 M ...

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Topps Tiles - Like-for-like sales up 6.3% (August 2014)

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Topps Tiles (February 2014)

Topps Tiles - Shares hit new high of 132p (January 2014)

Topps Tiles - Top-slice some profits (November 2013)

Topps Tiles - Rising house market boosts shares (August 2013)

Topps Tiles (July 2013)

Topps Tiles (February 2013)

Topps Tiles - Mortgage approvals rise (January 2013)

Topps Tiles - Specialist tile retailer sees pick up in sales (July 2012)

Topps Tiles (May 2011)

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Topps Tiles - Underlying sales turn sharply positive (January 2011)

Topps Tiles - Signs of strong trading recovery (November 2010)

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Topps Tiles - Â£15m placing strengthens balance sheet (January 2010)

Topps Tiles - Specialist tile firm offers excellent recovery potential (December 2009)

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Topps Tiles - Shares rally after co-founder acquires 2m shares at 15p (March 2009)

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Topps Tiles - Panmure Gordonâ€™s price target is 345p (July 2007)

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Topps Tiles - Reasonable results (January 2006)

Topps Tiles - Fast growing tiles specialist still going strong (July 2005)

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Topps Tiles - Shares break into new highs (February 2004)

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Topps Tiles - Underlying sales ahead 15% (November 2003)

Topps Tiles - Like-for-like sales 10.5% ahead (June 2003)

Topps Tiles - A Warren Buffett "inevitable"? (April 2003)

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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Topps Tiles - 160p rise in just two months

April 2004

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