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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hill & Smith - Increases Zincinvent stake

April 2007

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:
  • HILS
  • Price:
  • 339p
In the face of choppy markets, shares in last month’s main write-up, Hill & Smith, have surged to a new high of 342p after it unveiled an earnings enhancing acquisition and creditable full year results. For the year ended 31 December, pretax profit increased 9% to £17.3m on turnover up 105% to £306m. Underlying earnings before reorganisation and property items rose nearly 16% to 20.7p. Infrastructure Products was again the key driver, growing profit by 7% to £13.1m, driven by sales of its wire rope and crash barrier products. The smaller businesses had mixed fortunes with Building & Construction (roofing systems) seeing profit decline by £1m to £3.8m because of intense competition and h ...

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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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