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China Shoto - Trading ahead of expectations

January 2009

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.

China Shoto has reported that trading has been strong and that results will be ahead of market expectations. Before the news Seymour Pierce was forecasting Â£8m pretax for the year to 31 December for eps of 31.8p. The domestic telecoms market in China remains strong, principally on the back of demand for back up batteries for the mobile market. Management says that some of this has been down to the Chinese government's fiscal stimuli. China Shoto remains the leading supplier to China Mobile and has also made good progress with other telcos. Overseas, China Shoto also said it has seen strong growth in India and overall international sales will account for 15% of (bigger) sales in FY08 versus just 6% in FY07. Forecast for thi ...

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Clapham House

Ideal Shopping Direct

China Shoto (October 2009)

China Shoto (March 2009)

China Shoto - Prospective PE of 3.5 (October 2008)

China Shoto (July 2008)

China Shoto - Switches production from bicycle batteries to backup batteries for the telcos (May 2008)

China Shoto (July 2007)

China Shoto (May 2007)

China Shoto (April 2007)

China Shoto - Host of opportunities cropping up (November 2006)

China Shoto (July 2006)

China Shoto - Chinese battery factory opens in July (May 2006)

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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