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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Inter Link Foods - Like-for-like sales ahead 15%

October 2004

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:
  • ITF
The shares have jumped to a new high of 530p  and are up 73p sinceour main recommendation two months ago.  The catalyst was anexceptionally bullish AGM statement which noted that total sales wereup 31%, with like-for-like sales ahead 15% for the first four months to31 August – figures which made its tenth anniversary celebrations tastevery sweet.  Chairman, Jeremy Hamer, noted that new productlaunches and new listings continue at a high level, while the group hasnow completed the upgrade of Hoppers’ mince pie factory in good timefor the key Christmas period.  At the very least the trading statement underpins brokers expectationsfor a 30% increase in earnings this year.  On a prospective PE ofjust 10.7 the sh ...

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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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