Updates

Anite - 230% gain since tip

January 2013

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.

Anite has issued another outstanding H1. Sales were up by 11% to £61.2m but pretax profit and earnings went up by 30% to £14.3m and 3.4p, respectively. Net cash finished the half at £16.8m.The blistering performance comes despite a tough comparable in H1 last year when Anite's handset testing side had been boosted by one customer ordering a whole year's supply in one go. But this division has proved to be the success driver once again with sales 17% higher at £40.5m (now two thirds of sales) and profit up 27% at £9m. Helped by more software in the mix margins improved 200 basis points to 28%. LTE 4G products and 2G/3G were strong with the split now 50:50. Chief executive Christopher Humphrey no ...

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Hargreaves Services - Forecasts reduced but shares look cheap

May Gurney

Anite (October 2013)

Anite (August 2013)

Anite - Buys handset performance testing business (March 2013)

Anite (October 2012)

Anite - 190% gain since recommendation (August 2012)

Anite - Shares triple since August '10 main tip at 43p (April 2012)

Anite - Continues to outperform with LTE products (March 2012)

Anite - 30% jump in consensus forecasts (December 2011)

Anite - Better than expected results (July 2011)

Anite (May 2011)

Anite (March 2011)

Anite - Wireless testing orders grow 49% to Â£31m in latest six months (January 2011)

Anite (October 2010)

Anite - Big beneficiary of 4G LTE (August 2010)

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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