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Zetar

January 2011

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:
  • ZTR
  • Price:
  • 204p
Ahead of interims later this month, Zetar has announced that trading was in line with expectations with sales up 5% to £60.2m. As had been the case previously, there has been a wide divergence in performance with confectionery trading strongly reflecting the growth in everyday lines whilst the natural snacks business was impacted by raw material costs. On a positive note, net debt continues to fall and at the seasonal high point, year-on-year it has fallen by almost £4m to £26.6m. Broker Shore Capital forecasts eps of 37p for the year to 30 April, which puts the shares on a PE of 5.5. Strong 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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