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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Cosalt - Q3 turnover increases 51%

November 2008

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:
  • CSLT
  • Price:
  • 240p
The Q3 update shows turnover in the core safety and protection business rose 51% over the comparable figure in 2007. The majority of this uplift is from GTC, which was acquired last October, while trading in the rest of the division has remained strong with the recently improved operating margins being sustained. No news yet on the deck-clearing sale of its non-core holiday homes business, although this is believed to be imminent. Broker Landsbanki has slapped a 433p price target on the shares. Keep holding for more . ...

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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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