image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Secondary Recommendation

Fenner - Industrial engineer sees huge eps growth thanks to mining boom

February 2012

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:
  • FENR
  • Price:
  • 450p
FTSE-250 rated, Fenner, which makes industrial belting and other polymer-based products, is another one of these supercharged UK-quoted engineers, sporting bottom-left top-right charts over the last 12 months. The company celebrated its 150th anniversary last year by revealing that trading has been running ahead of expectations, which culminated in its earnings rising a blowout 57% for the year to 31 August.Fenner is best-known for making conveyor belts for the mining industry and this division, now known as Engineered Conveyor Solutions, contributed 62% of group operating profit in 2011. Customers are the operators of mines, quarries, ports and bulk-handling facilities and its biggest single market is coal mining and handling (52 ...

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

Subscribe now

Already a subscriber? Login

Related Articles

Fenner (June 2013)
Fenner (February 2013)
Fenner (June 2012)
Fenner - Broker reckons it's now a bid target (April 2012)

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

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

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

SUBSCRIBE NOW