Updates

Waterlogic

August 2014

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.

Since our last update, Waterlogic has received an unsolicited approach from a third party to acquire one of its subsidiaries and it has initiated a strategic review. Options being considered include the disposal of certain subsidiaries and an outright sale. Separately it has also reported better news on the trading front with sales for the six months to end June of US$68.6m, mainly driven by the commercial division (sales of US$67.3m up from US$53.8m) whilst the consumer business also improved albeit from a low base (US$1.3m versus US$0.8m). The company expects to provide further details with interims on 22 September. The market is clearly out of love with this one, but the potential bid premium might just be a “last hurrah” ...

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Energy Assets - British Gas contract win sends shares into orbit

Clinigen - Company reassures investors with trading update

Waterlogic - Receives 151p cash bid (December 2014)

Waterlogic (October 2013)

Waterlogic (September 2013)

Waterlogic (July 2013)

Waterlogic (May 2013)

Waterlogic - Targets emerging markets for growth (April 2013)

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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