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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Chemring - Order book up 50%

January 2008

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:
  • CHG
  • Price:
  • 2082p
In its latest update covering its financial year ended 31 October,Chemring noted that trading at its countermeasures division, whichmakes decoy countermeasures to protect military assets from missileattacks, remains strong. This reflects significant volumes of work fromthe high level of global peacekeeping operations, particularly in Iraqand Afghanistan. Both its UK business and US arm, Alloy Surfaces,performed well, although there were production delays at its othersubsidiary, Kilgore.Chemring’s other division, Energetics, which encompasses militarypyrotechnics, such as signalling smoke, propellants and explosivedevices, also traded well while the recently acquired firm SimmelDifesa has just won a major contract worth Eu 26m to ...

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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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