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Sondex

April 2005

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:
  • SDX
  • Price:
  • 227p
Oil companies seeking to search out oil reserves is also driving Sondex which has issued a pre-close trading update. For the year to 28 February, despite the impact of a weakening dollar, Sondex expects revenues of £31m, up from £17m last year, together with sustained margins. These numbers will include a contribution from Geolink which was acquired in June. At the same time, it reported that it has signed a lease for an additional assembly facility in Yately, Hampshire which will increase production for its wireline business. Subscribers will recall that a few orders were not booked in H1 due to delays in obtaining letters of credit before shipment. These will have subsequently come through and will ensure a very  st ...

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Related Articles

Sondex (January 2006)
Sondex (June 2005)
Sondex - Orderbook aheaf by 31% (November 2004)
Sondex - A class act in the oil technology sector (July 2004)

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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