HAPPY NEW YEAR
LET'S KICK 2022 INTO THE ETHER AND EMBRACE THE FACT THAT THE FTSE IS NOW SITTING AT ITS HIGHEST POINT SINCE 1984. ONWARD AND UPWARDS 2023
Talking of BOOTS
As a group we are eager to get back into the market and, having not invested for the past couple of months and with money in the bank, we decided to buy into JD sports after reading some very positive articles about this company.
Below is a summary of what JD have been up to and their growth prospects:
JD Sports is eyeing further international growth after revealing a successful Christmas trading period has put it on track to post profits of almost £1bn this calender year with total revenue growth for the 22 weeks to December 31, 2022, of more than 10%.
JD Sports said that the "positive performance" through the second half to date means that it now expects the headline group profit before tax and exceptional items for the year ended January 28, 2023, will be towards the top end of current published market expectations which range from £933m to £985m.
We will be keeping a close eye on this share bearing in mind the current economic climate in retail - but it's outlook is positive.
SAGA: There's nothing like acknowledging your age when SAGA approach you for an article on the importance of women, especially older women, learning more about - and enjoying - managing money and investing.
We'll post the article on this site when it has been published.
What is interesting are the figures we researched for Saga.
Only one of our members who joined at the very beginning of our journey, in 2000, has neither sold nor purchased any units (available when members leave or decide to sell) This member is looking at an overall profit of 76% on her total investment. All other members are also looking at a healthy profit but have bought extra units or sold units for a car, holiday, garden project.
Are we pleased with our achievements?
YES WE ARE
We have a few good, solid, core companies in our portfolio:
All of the above are showing a good profit, although we are keeping a close watch on Segro which appears to be in decline.
Another company which has done well is HALMA - a company, who in their words,
" are committed to grow a safer, cleaner, healthier future for all"
As you are aware, if you read our column regularly, the China Dolls has invested small amounts in the AIM market in companies which are focused on a cleaner, better, environment for everyone. Wind Turbines, Hydrogen energy, Tidal Power, Sustainable food production - we've got it covered!
Here's to the future.
So that's it for this month.
See you all in February.
The China Dolls is a group of private individuals who meet regularly to discuss investment strategy and make investments based on the collective opinion of the the group.
The China Dolls is not in the business of offering any form of advice on investing or other financial matters.
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