Updates

PZ Cussons - Possibility of a special dividend

June 2010

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.

Trading continues to be in line with expectations. Africa has continued to improve following the liquidity squeeze, while the nutrition joint venture should be profitable for the full-year. The Â£39m Project Unity, should be completed later this year and will provide substantial cost savings and improved cash flow. In Europe, Greece has been flat, while Poland and the UK have performed well (the latter despite intense promotional activity in supermarkets). The smaller Asian division has seen a strong performance in Australia, Indonesia and the Middle East. While Panmure Gordon's eps forecasts of 14.6p for the year to 31 May, rising to 16.3p in 2011 are unchanged, the broker thinks its year-end net cash forecast of Â£30.3m c ...

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

Subscribe now

Already a subscriber? Login

Ultra Electronics -Reassures on US, UK defence budgets

Lok'n Store - Shares spike to over Â£1

PZ Cussons - Lock in profits and sell (March 2011)

PZ Cussons - Major new joint venture (February 2011)

PZ Cussons - Major acquisition (November 2010)

PZ Cussons - Net cash soars to Â£86m (September 2010)

PZ Cussons - Gain to date: 148% (August 2010)

PZ Cussons (March 2010)

PZ Cussons - 2009 NAP has nearly doubled (January 2010)

PZ Cussons - Net cash increases to Â£23m (November 2009)

PZ Cussons - Massive swing to net cash of Â£23.2m (September 2009)

PZ Cussons - Net debt almost eliminated (July 2009)

PZ Cussons (May 2009)

PZ Cussons - Imperial Leather owner set to increase profits to Â£100m in 2010 (April 2009)

PZ Cussons - Owner of Imperial Leather eyes further growth (January 2009)

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