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China Shoto

April 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:
  • CNHS
  • Price:
  • 120p
China Shoto has reported that results for 2007, which are due to be reported on 22 April, will be ahead of market expectations. The accelerated rollout of the 3G network in China has resulted in major orders from China's two largest telecoms companies, China Mobile and China Unicom, whilst good progress has been made in export markets, with a £5m order secured in India for delivery this year. In addition, China Shoto also reported it has initiated negotiations with key customers to address the issue of rising lead prices by indexing contracts to the price of the raw material. Before the news, Seymour Pierce was forecasting £6.2m pretax (eps 22.5p) for the year about to be reported with £7.3m (25.5p) this year. ...

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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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