image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Primary Recommendation

Cosalt - Marine safety firm on course for eps growth of 150% over two years

September 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:
  • 249p
Cosalt has the look of a company whose share price doesn't seem to reflect the outstanding growth prospects inherent in its business. The reason for this anomaly largely reflects the fact that Cosalt, which has been around since the nineteenth century, is best known for a rag-bag of legacy businesses whose best days are behind them. However, the company has cleaned out its stable of duds and has made five key acquisitions as part of a shift into two fast-growing activities: marine safety, including the supply and inspections of life rafts and life jackets and the inspection of lifting equipment for the offshore oil & gas industry. With growth in the marine business being driven by onerous health & safety requirements and t ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Cosalt - Prospective PE slips to just 3.0 (April 2009)
Cosalt - Sells Holiday Homes side (December 2008)
Cosalt - Q3 turnover increases 51% (November 2008)

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