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Good Energy - Materially ahead of expectations - shares +138% in two months

December 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GOOD
  • Price:
  • 410p
The shares have risen vertically, now +138% since I made them a main write up just two months ago.   This month, Good Energy said that following a positive movement in the contribution from energy supply, it is trading well ahead of expectations. In the light of the statement, Liberum has upgraded eps forecasts by 85% to 17.7p this year, with 20p, 34.1p and 67.7p over the following three years. Having already gained 138%, I would be inclined to take a part profit. Hold the rest. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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