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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

UP Global Sourcing - Gain to date: 76%

October 2021

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:
  • UPGS
  • Price:
  • 217p
The company said a strong end to the year resulted in sales up by 18% to £136.4m in FY’21, above guidance and a 4% beat on expectations with pretax profit now expected to be £11.2m and eps 10.6p. Looking to the year starting 1 August ’22, it said the order book is “ahead of this time last year,” excluding the positive impact from the Salter acquisition. Despite the challenges with shipping availability, current trading is said to be in line with eps forecasts of 13.8p.The recent break higher means the gain since I highlighted the shares at just 71.5p in August ’19 is now 203%. Trading on a prospective PE of 15.7, I think there’s more to come. ...

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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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