Updates

Strix

August 2021

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.

Another one that gets stronger and stronger - don’t forget the plan set in late FY20 was to double in size by 2025. The H1 update said new product launches are beginning to gain real traction helping the business achieve 50% revenue growth in H1 (which is up 20% on FY19 pre-COVID performance; within that organic growth is c12%). The new factory remains on course to be fully operational by August. As a result, capex will fall from FY22, improving the free cash flow generation and reducing net debt/EBITDA below 1x. Zeus forecasts eps of 15.7p for the year, with 16.5p next year. Buy. ...

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Victoria

Xpediator

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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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