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Deltron Electronics

March 2002

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:
  • DET
As our recommendations on Eurodis Electron (80p) have noted, the electrocomponent distribution (ECD) market has suffered periodic busts,especially on the semiconductor side, so it is understandable that investors are keeping ECD shares generally on a low rating. But investors may be too cautious in the case of Deltron (75p) whose main activity is the supply of electromechanical components such as switches, keypads and buzzers as well as filters for electromagnetic compatibility applications. Delton is a well run business, with a pan-European network in nine countries (75% of the European market).  An important factor driving any immediate profit recovery is the fact that Deltron has already cut costs. The result is a 20% re ...

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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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