Updates

Senior - Price target lifted from 268p to 305p

October 2013

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.

Shares in Senior, which we first tipped at 181p in February '12 and a couple more times since, have sailed away to a new high of 289p, following interims ahead of expectations and triggered an upgrade to forecasts. For the six months to 30 June group revenue increased 6% to £400m while pretax profit increased 6% to £48.3m. Eps rose 8.6% to 9.3p, helped by a lower tax rate. Senior's aerospace division, whose products include engine structures and mountings and airframe parts, grew revenues 3% to £254m, with operating profit virtually unchanged at £6.8m due to one-off costs related to a factory relocation and investment in new programs. The growth in turnover came thanks to a 10% increase in sales to la ...

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Thomas Cook - Gain to date: 256%

Hill & Smith

Senior - Gain to date: 96% (May 2015)

Senior - Engineer riding boom in commercial aerospace (October 2014)

Senior - Eps enhancing acquisition (May 2014)

Senior -Benefiting from up swing in production of large commercial aircraft (May 2013)

Senior (December 2012)

Senior - Largest customer still bullish (September 2012)

Senior - Upturn continues in main commercial aerospace market (May 2012)

Senior - Supplier of components to commercial aircraft performing well (February 2012)

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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