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Superglass

February 2008

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:
  • SPGH
  • Price:
  • 125p
We think Superglass could have much better worded its statement thismonth, which has unduly impacted on the shares. The statement said thatwhilst turnover for the year to date has been slightly belowexpectations due to the delay in the transition to the government'sCERT programme, operating profit is in line due to cost control. CERT targets were confirmed by the government on 4 December as beingdouble the previous three year programme but there has been a slightlull in demand ahead of the 1 April start date, although contractorshave now started placing orders. Eps are forecast at 12.2p for the year to 30 August, with 14.8p next year. The medium term outlook remains very promising. Add.* The ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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