Updates

Swallowfield - Shares spike to new high

April 2017

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.

A pleasing near vertical rise in the shares to a new high of 363p following our recommendation two issues ago, helped by half year results showing pretax profits rising 363% to £2.38m (4% ahead of forecast) while turnover increased 44% to £39.7m. Net debt only rose from £4.9m to £5.5m, despite the additional £2m loan to fund the Brand Architekts acquisition.While legacy contract manufacturing, which makes personal care and cosmetics products, grew sales a useful 12% to £29.9m (aided by currency tailwinds), own brand sales rocketed from £0.31m to £9.8m, thanks to the first contribution from Brand Architekts, owner of 16 skincare, bathing and beauty brands and now represents 25% of reve ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Just Eat - Jefferies puts out £10 price target

UDG Healthcare - Shares rise above £7 for first time

Swallowfield (June 2019)

Swallowfield - Personal care brands to reach 70% of enlarged profit by 2020 (November 2018)

Swallowfield (September 2018)

Swallowfield - Price target rises 20p to 390p (April 2018)

SWallowfield - Shares spike to over £4 (December 2017)

Swallowfield - Personal care brands could trigger supercharged re-rating (July 2017)

Swallowfield - Brands division to drive eps from 6.5p to 27.5p between FY15 and FY19 (February 2017)

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