Bluebird Merchant Ventures – joint venture partner ‘declines to approve’ but this looks a blessing in disguise...
S&U PLC (SUS), provider of home credit and motor finance throughout Britain, yesterday update the market that its trading was "in line with market expectations". With an improving economy, I had to ask myself whether or not this was discounted in the share price?
Following a trading update earlier this week niche consumer and motor finance provider, S&U plc (SUS) has announced that Chairman Anthony Coombs has sold 16,800 shares in the company at 1558p each “in order to assist in meeting market demand”, though retains an interest in 1,751,475 shares, whilst researcher Edison has initiated coverage of the company. The following updates.
S&U plc (SUS), which describes itself as “Britain's foremost home credit and motor finance provider”, has announced “encouraging current trading” and that it is able to “confidently anticipate” positive results for its year ending 31st January 2014. The following updates with the shares having nudged higher in response.
Fully-listed specialist motor finance and home credit provider in Britain, S&U plc (SUS) has updated that “it continues to trade in line with market expectations and intends to announce its interim results on the 25th September”. The following reviews…
Fully-listed S&U plc (SUS)is a company I have long followed and the shares were added to the Income portfolio of the ‘Nifty Fifty’ website at an 839.5p offer price in November.
Over the next seven days I shall serve up seven tips for 2013. There should be something for everyone. In assembling this magnificent seven I start with company fundamentals and price. But I also take into account my macro-economic assumptions for the next 12 months. And, I am sorry to say, that I am not terribly cheery. I do not see UK GDP growing rapidly. Credit will be hard to obtain and consumer spending will not be strong. As such there is some merit in starting with a solid defensive play and that brings me to fully listed S&U (SUS) at a share price of 915.25p.
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