In this issue... our share tips for August 2024, the latest on our Aggressive Portfolio IX, plus company features and market insight.
Supplying the demand?
Regular readers may recall that we have featured NWF Group in the past, but we feel that the shares are worth another look following the recent share price weakness. We sold the shares out of the Aggressive Growth Portfolio in September 2022 when the share price stood at 245p, but with the shares now 30% below that price and at close to the lowest level since 2020, when the market fell due to Covid, they now look good value once again. The recently announced results for the year to 31 May came in pretty much in line with expectations and with the shares standing on a low rating we believe they now look attractive. The current financial year is expected to be the low point in terms of financials, with revenues and profits expected to increase after this and the shares therefore look good value.
NWF Group is a specialist distributor operating in UK markets. The group operates in three business areas and each of its businesses is a leading player in its chosen market and thus benefits from…
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