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Regnersis - Broker raises target to 402p

December 2013

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:
  • RGS
  • Price:
  • 360.5p
A bullish Buy note from Panmure Gordon following a visit to Regenersis’ Glenrothies site (which services    TVs as well as Virgin set-top boxes) pushed the shares over £3. The broker highlights the depth of management now apparent and talks about “the size of the prize†getting bigger as Regenersis is in a position to offer a service across both geographies and capabilities, which is unrivalled across the industry. It expects that there will be MATERIAL (their capitalisation) lumps of business moving to Regenersis which others cannot even begin to compete on. Keep buying ahead of Hanover’s incentives crystallising next June. Forecast eps is 18.5p for the year to end June and the b ...

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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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