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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Scapa - Shares soar to over 170p

June 2015

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:
  • SCPA
  • Price:
  • 173p
The shares leapt to a new high of 179.5p after Scapa announced that margins and trading profits will be ahead of expectations for the year ended 31 March 2015. This came thanks to a strong finish to the year, including an initial contribution from First Water, the £11.4m healthcare acquisition made in February. Healthy cash flow ensured the group ended the year with net debt of £3.4m, also better than expected. Full year results are expected on 27 May.CEO Haejae Chae alluded to further plant closures when we spoke with him in January and sure enough the group is now proposing to close its industrial tape manufacturing facility in Rorschauch, Switzerland with most products being transferred to its facility in Valence, Fr ...

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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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