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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Topps Tiles - Dividend could rise 50% by FY'18

September 2016

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
  • Price:
  • 120p
Like many housing focused retailers Topps’ shares have been hammered but ironically its Q3 results nearly hit the ball out the park. For the 13 weeks ended 2nd July like-for-like sales rose 6.2% in spite of strong comparatives a year ago (2015 Q3: +6.0%). Clearly its strategy of “out-specialising the specialists” is working and specific initiatives include a new digital brochure service allowing customers to create a bespoke brochure with content specific to the rooms and designs they are interested in.It’s also launched several new ranges providing customers with a natural look including stone and wood effect in a plank style format, while withdrawing its unpopular real wood flooring offer. Sales from recently launched lines accou ...

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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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