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Midwich

February 2017

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:
  • MIDW
  • Price:
  • 290p
The shares shot ahead after Midwich said H2 trading had been strong across all divisions, particularly at its overseas businesses and it had seen a better than expected contribution from Holdan (UK broadcast and professional video). As a result, it expects sales to be up 18% year on year, of which 3% is due to favourable currency. Investec has upgraded eps by 9% to 17.4p for 2016 and by 7% to 19p this year.Results are due on 14 March. Tipped at 222.5p in December ‘16. Continue to hold.  ...

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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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