The week’s best buys
Conviviality Shares
Conviviality provides drinks to pubs, hotels and restaurants, and to its own retail estate. Boosted by strong trading from Matthew Clark, sales have surged 137%. The acquisition of Bibendum adds potential. Yields 4.1%. Buy. 210.5p.
Halfords Group The Times
The car parts and bicycle retailer is midway into its self-help programme; improving stores, increasing dividends and making acquisitions in a fragmented market. Growth prospects look good. Buy. 407p.
The Times
The retail and property specialist is moving into “big box” distribution depots, used by retailers selling over the internet. Net asset value and rental income are up, funding dividend growth. Prospective yield is 4.7%. Buy. 158p.
Investors Chronicle
Recent share falls belie the housebuilder’s strength. The order book is up nearly 17%, with a strong pipeline, and its land bank is now at optimum level. A strong balance sheet supports the handsome 6.8% forward yield. Buy. 203.6p.
Vertu Motors The Daily Telegraph
Vertu continues to expand, organically and by acquisitions: it has just added five car dealerships, including Toyota, to its roster of brands, which should boost next year’s results. Liberum names a 100p price target. Buy. 56p. Best tip SSP Group Investors Chronicle up 12.47% to 318.3p
Worst tip Worldpay Group The Sunday Times down 8% to 276p
has to look up and interact with the world.
Right now, Katherine is still looking down. “See this girl,” she says, “she gets so many likes on her pictures because she’s posted over nine pictures saying: ‘Like all my pictures for a tbh, comment when done.’ So everyone will like her pictures, and she’ll just give them a simple tbh.” A tbh is a compliment. It stands for “to be heard” or “to be honest”. “It kind of, almost, promotes you as a good person. If someone says: ‘Tbh you’re nice and pretty’, that kind of, like, validates you in the comments. Then people can look at it and say: ‘Oh, she’s nice and pretty.’”
Tbh, Katherine is both nice and pretty, with long brown hair and light brown eyes. Her family is wealthier than most and has seen more sorrow. She is 5ft 1in but will have a growth spurt soon, or so said her dad, Dave, in a very awkward talk he had with her about puberty even after she told him: “Please, don’t.” She is not sure how Converse shoes became cool, but it’s what happened, so she usually wears them. Black leggings, too, except at her private school, where she has to wear trousers.