image

The best stocks to buy since 1993

Latest issue now available

CML

January 2021

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:
  • CML
  • Price:
  • 353p
CML’s H1 results show sales down 1% to £12.9m, pretax profit down 15% to £0.77m and eps of 4.7p.Hyperstone, the storage arm, saw good growth (sales +25% to £6.7m) with a continuing positive trend seen in the closing months. The growth came from flash memory controllers for storage uses within 5G base stations where it supplies four OEMs. However, in a surprise move, a week after I spoke to CEO Chris Gurry, Hyperstone was sold for US$49m, which leaves CML with just its Comms business.Comms supplies chips that cover functionality needs from the antenna through to the microprocessors with a 50:50 split between voice and M2M/IIoT chips. This business has faced headwinds for a couple of years. Last year the ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe