Updates

CML

August 2012

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.

At the AGM, CML issued a Q1 update confirming that it â€œremains confident of advances in both six-month and full year trading periodsâ€. The solid state storage which accounted for 46% of total revenue last year became the largest segment for the first time and shipments of new SATA-based microchips from H2"13 should continue the growth momentum.Correction: Last month's issue contained a typo. Profits for FY12 were up 18% excluding the property gain. The forecast profit for FY13 by Cenkos should read Â£4.6m pre-tax (eps 22p) and not as stated. Strong hold. ...

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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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