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Wilmington - Margins improving due to cost reductions

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.

  • Epic Code:
  • WIl
  • Price:
  • 102p
Ahead of reporting results on 18 September, Wilmington said that these will be in-line. Operating profits are ahead of last year and margins have also improved as a result of cost reductions.  Peel Hunt forecast 10.5p for the year ended with 12.1p this year, to drop the PE to 8.4.  Dividend forecast is 7p. Keep buying.  ...

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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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