Buy Tricorn Group (TCN) by Paul Hill in MoneyWeek CLOSED
-
Performance
-45.32%
-
Price at start
34.75p
(mid)
-
Price at close
19.00p
(mid)
-
Tip made
22/06/2012
-
Tip Status
Closed
22/06/2015
Icon Key:
Tip Notes
A trading update last week showed that UK sales rose strongly, with tablet computers in particular flying off the shelves.The demise of electrical retail rival Comet hasn't done it any harm either. The company cut costs, slashed debt ad sharpened up its focus on customers and prices. However, this is reflected in the price. At 27p, the shares now trade on 12.5 times June 2014 earnings, hardly cheap for a business facing such significant long-term challenges. Having less high street competition is helpful, but the easy money looks to have been made in these shares. We'd stay clear.\\nPhil Oakley - MoneyweekTip Research
There isn't a link to the tip research.
Sometimes when a tip is added, there is a link to where the tip originally came from.