Updates

PZ Cussons

May 2009

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.

A trading update covering the period from 28 January to 7 April noted that results were in line with expectations, while cash generation has remained strong. Despite challenging trading conditions profits have grown in the UK, with The Sanctuary performing well, supported by a significant pipeline of new products. Meanwhile, in Nigeria revenues and profit growth have been strong across all its divisions, while its nutrition side has returned to profitability. The group's balance sheet remains strong and has a small net debt position. Panmure Gordon has reiterated its forecast for eps to grow 14% to 12.28p for this year, rising another 12% to 13.77p next. Keep holding. ...

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Tarsus - Forward bookings still strong

Informa - Beats forecast

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 - Possibility of a special dividend (June 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 - 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.

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