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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hill & Smith

November 2024

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:
  • 1986p
A strong month for the shares, which spiked to a new high of £23, powered by two eps enhancing acquisitions. The first was Trident Industries for an initial US$13.5m, just 2.4x last year’s EBIT profit. Illinois- based Trident is a designer and supplier of composite utility poles better capable of withstanding a battering by storms and  serves utility customers in the USA and Caribbean. The bigger deal, however, was Whitlow, a designer and manufacturer of structural steel and sub-station components for the US electrical infrastructure market and increases the footprint into Southern States such as Georgia, both Carolinas, Virginia and Tennessee. Consideration was US$30.2m (9.7x last year’s EBIT) and again the deal is eps enh ...

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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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