image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Fenner

February 2013

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:
  • 395p
Fenner has made good progress with the latest Q1 in line with expectations although this year will be more second half weighted than previously.Engineered Conveyor Solutions, which makes conveyor belts for the coal and iron ore mining industries, enjoyed a strong quarter although industry sentiment in Australia declined as a result of lower prices. However, in the last month prices have started rallying again.Within Advanced Engineering Products, which provides performance critical components such as seals and hoses, activity rates softened because of customer de-stocking but there are now encouraging signs H2 will be stronger. Consensus eps forecasts have been slightly pared to 35.1p for the year ending August, risi ...

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

Subscribe now

Already a subscriber? Login

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