Updates

CML Microsystems

December 2019

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.

When I was on my way to meet CML post the interims I did think the results looked a bit ‘meh.’ Sales were down by £2m to £13m and pretax profit was down from £2.4m to £0.9m, which included a big slug of property rental income rather than operating income. Eps more or less halved to 6p. Net cash at the period end was £11m.But having met with CEO Chris Gurry, whose family still owns 25% of the company, I came away satisfied that the shares will be a splendid recovery story. R&D has continued at a high level (£3.9m in H1 up from £3.7m) and new products will galvanize sales.Things stabilised in H1 and the sequential six-monthly bookings are a little aheadCML has two ...

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Judges Scientific - Shares soar above £50

Future

CML Microsystems (July 2021)

CML (January 2021)

CML Microsystems (July 2020)

CML Microsystems (July 2018)

CML Microsystems - Industrial IoT play (February 2018)

CML (July 2014)

CML (September 2013)

CML (December 2012)

CML (August 2012)

CML - Launches SATA interface (July 2012)

CML (March 2012)

CML (December 2011)

CML Microsystems - Double digit growth (September 2011)

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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