Updates

Filtronic - A fourth big order from its Tier 1 customer

June 2016

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.

Our decision to initiate coverage on Filtronic last month has been vindicated by the largest contract win to date for its integrated antenna from its Tier One customer. The US$24.5m order is almost double the three previous ones combined, which totalled US$13.8m. The current order is an inventory fill for the customer's sales channel so it’s largely a one off but as Filtronic says, the order will be fulfilled in the year starting 1 June, so it’s clearly a bumper year ahead. Keep on buy list. A trading update is due later this month. ...

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Styles & Wood - Broker estimates it will have its complete market cap. in cash by 2020

XL Media

Filtronic (January 2019)

Filtronic (November 2018)

Filtronic - Shares surge on contract wins (October 2018)

Filtronic - Massive potential from Massive MIMO (September 2018)

Filtronic (March 2018)

Filtronic (September 2017)

Filtronic - Trading ahead of market expectations (July 2017)

Filtronic - Panmure sets 29p target (January 2017)

Filtronic (November 2016)

Filtronic - Expects significantly improved margins this year (September 2016)

Filtronic (July 2016)

Filtronic - Several orders from Tier 1 supplier (May 2016)

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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