The Financial Outlook for Personal Investors: The consumer sector & Topps Tiles
Simon Rose
Original Broadcast:
The Financial Outlook for Personal Investors
Russell Pointon of Edison Group talks to Simon Rose about the consumer sector where the M&A activity is confirming that a lot of companies are looking cheap. Best off are those companies able to pass on inflation, such as Gregg's. While things should get better this year, the sector isn't out of the woods yet. While this week's trading update from Topps Tiles saw reduced estimates, Russell is encouraged by the minor fall in the share price. Although the environment is currently tough, the shares look cheap and should rebound sharply as things improve. There are notes on them and the consumer sector on the Edison website.