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Scott Wilson

April 2010

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:
  • SWG
  • Price:
  • 89.8p
The shares firmed after Scott Wilson said it expected to meet, if not exceed, current market expectations - in part helped by a better than expected performance from joint ventures. In the UK, the outlook remains choppy and reflects pressure on public sector spend. Meanwhile, the international side (now 35% of sales) has seen continued strong growth in China, India and Eastern Europe and in the power and mining sectors. International contract wins in the last three months were worth £30m, with the largest being the recently announced £10-15m Saudi Makkah to Medina High Speed Railway, worth £10-15m over 3 years. Numis forecasts £18.6m pretax this year ending on 30 April for eps of 17p, although this dips to £17m pretax ...

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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.

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