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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hill & Smith - Infrastructure products firm forecast to grow eps by 24% over two years

March 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:
  • HILS
  • Price:
  • 602p
A fascinating report by broker Panmure Gordon notes how politicians and the IMF are finally coming round to the view that after numerous doses of monetary stimulus (i.e. QE), increased public infrastructure spend is one of the few remaining policy levers available to support output growth. A key beneficiary of this investment is likely to be Hill & Smith, which makes infrastructure products such as crash barriers and lighting columns for major road networks and also runs a highly profitable galvanising business, which is the process of applying a protective coating to steel to prevent rusting. While you might think these activities sound rather dowdy the shares have nevertheless doubled over the past three years and we expect another ...

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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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