Updates

CML - Launches SATA interface

July 2012

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.

CML has announced full year results to 31 March with sales up by 6% to £23.4m. It might seem pedestrian but with costs tightly controlled and the business so operationally geared, particularly within its flash memory division, pretax profit exploded upwards by 18% to £3.6m (excluding a £0.3m gain from the sale of a surplus property). Earnings were up 19% to 20.9p, beating forecasts. Net cash was £5.2m.The swing factor continues to be Hyperstone, which supplies flash memory controllers (of the type used in industrial smart cards) where sales surged by 24% to £10.7m (now 46% of total) helped by a contribution from more recent account wins as well as increased shipment volumes to established customers. I ...

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Kewill - Revised higher bid at 110p

Quindell Portfolio

CML Microsystems (July 2021)

CML (January 2021)

CML Microsystems (July 2020)

CML Microsystems (December 2019)

CML Microsystems (July 2018)

CML Microsystems - Industrial IoT play (February 2018)

CML (July 2014)

CML (September 2013)

CML (December 2012)

CML (August 2012)

CML (March 2012)

CML (December 2011)

CML Microsystems - Double digit growth (September 2011)

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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