Steve Moore and I worked together at t1ps.com ever since he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty websital but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you a piece he published on S&U (provider of credit to council house dwelers) today. The Nifty Fifty editorial team feel pretty good about this share tip so far. Steve writes…
Shares in fully-listed S&U plc (SUS) were added to the Income portfolio of the Nifty Fifty offering at an 839.5p offer price in November. Following a positive year-end trading statement today, they currently trade up at 960p, capitalising this home credit and motor finance provider throughout England, Wales and Scotland at approaching £113 million. The following reviews today’s announcement and asks whether there remains value here…
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