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CML Microsystems

July 2020

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:
  • 258p
CML’s full year results to 31 March showed revenues down 6% to £26.4m with pretax profit down to £1.37m (2019: £2.98m). Eps were down 43% to 9p.Revenue was made up of £11.4m from Storage (down 11.3% year-on-year) and £14.9m from Communications (down 1.3% year-on-year)  together with a £0.06m one month’s contribution from Plextek RFI, acquired in March.Comms has seen some recovery. Speaking to chief executive Chris Gurry, in the public sector, the mission critical aspects have proved robust and were stronger than expected. CML supplies chips that cover customer functionality needs from the antenna through to the microprocessors. Divisionally, a flattish performance (-1 ...

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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.

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