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Intelek - Picture suddenly looks much brighter

December 2007

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:
  • ITK
  • Price:
  • 19.5p
Intelek (ITK; 19.5p), which has a market capitalisation of £17m, isa tiny maker of leading-edge electronic products in the wirelesscommunications market but looks set to transform its prospects withseveral product introductions in the next few months.The company's mainstay is Paradise Datacom, based in Witham in Essexand Pennsylvania in the USA, which supplies satellite communicationsequipment, in particular a range of modems and high power amplifiers(Solid State Power Amplifiers) for transmitting voice and data tosatellites.   The satcoms market doesn’t have the hype of the internet buthas surer returns for a well managed outfit as Intelek has been provingwith the latest first half results to 30 September show ...

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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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