Updates

Anite - 30% jump in consensus forecasts

December 2011

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.

First half results to 31 December show Anite continues to trade strongly with performance ahead of expectations - so much so that consensus expectations for the full year are now 30% ahead of a few months earlier. For the first half, turnover was up a third to Â£56.2m but pretax profit was up 69% to Â£11m for eps of 2.8p. The closing order book was Â£92.5m or Â£8m ahead of where it was in April. Net cash stands at Â£12.6m with the old FX hedge now paid off in full.The swing factor to these terrific results, of course, is Anite's handset testing business, where Anite said a lumpy Â£5m order from one specific customer meant that the division grew by 68% on H1 11 to Â£34.7m resulting in a significant increase in adjusted opera ...

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Capital Drilling

Eros

Anite (October 2013)

Anite (August 2013)

Anite - Buys handset performance testing business (March 2013)

Anite - 230% gain since tip (January 2013)

Anite (October 2012)

Anite - 190% gain since recommendation (August 2012)

Anite - Shares triple since August '10 main tip at 43p (April 2012)

Anite - Continues to outperform with LTE products (March 2012)

Anite - Better than expected results (July 2011)

Anite (May 2011)

Anite (March 2011)

Anite - Wireless testing orders grow 49% to Â£31m in latest six months (January 2011)

Anite (October 2010)

Anite - Big beneficiary of 4G LTE (August 2010)

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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