image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Topps Tiles - Wonder stock does 5:1 share split

July 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.

  • Epic Code:
  • TPT
On no fewer than five occasions we've buy rated tile specialist, Topps Tiles, at prices ranging from 48p to 147p (adjusted for the recent five for one share split) and all are well in the money. After its recent spike to a new high of 175p, following another set of record breaking results, the biggest possible gain would have been 265%.   Topps Tiles, which now trades through 206 stores, has earned its success through a simple formula, the key tenets being stocking mostly exclusive merchandise and a high degree of customer hand-holding and sound technical advice.  After seeing its pretax profit and earnings growing from £2.5m and 0.8p in 1997 to a forecast £31m and 9.6p respectively in the curr ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

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