Updates

Inter Link Foods

June 2006

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.

The shares crashed to 423p after Inter Link Foods announced an unexpected profit warning, noting that growth in earnings per share will be not less than 9% for the financial year which just ended on 6 May. Broker Numis now expects overall earnings of 43.6p and pretax profit of £7.1m, well down on its previous forecasts of 60.4p and £9.7m. The chief bugbear was a slowdown of sales growth in April and Numis estimates that Inter Link will undershoot its sales forecast of £142m by £10m. Unfortunately, the reduction in profit will be far greater because Inter Link had also spent significant sums on a promotional program to its customers, which failed to have the expected follow through to sales volumes. Numis ...

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Connaught

Aquarius Platinum

Inter Link Foods - Results trigger a bounce (September 2006)

Inter Link Foods (December 2005)

Inter Link Foods - Spectacular long-term growth from cake manufacturer (September 2005)

Inter Link Foods - Ninth deal triggers more share gains (March 2005)

Inter Link Foods - New Â£30m sales opportunity (December 2004)

Inter Link Foods - Like-for-like sales ahead 15% (October 2004)

Inter Link Foods - Eps forecats to rise 30% to nearly 50p (August 2004)

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.

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