Updates

Superglass - Positive trading update

March 2008

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.

So just one month after mineral fibre insulation company Sugerglassput out its rather badly worded trading statement, it has recanted onit, as we suggested last month, by announcing that trading since theturn of the year has strengthened and an annual price increase(effective from 4 February) has been implemented. The directors areconfident that CERT will commence on 1 April at twice the previous EEC2target. Of course, Superglass has availed of the depressed price to buyback 221,400 shares. To a suspicious mind like ours, the situation is similar toCharacter (CCT; 115p), which depressed the price with a trading updateand then bought some shares back before recanting on the update a fewweeks later to report positive trading. An ina ...

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

Subscribe now

Already a subscriber? Login

RCG Holdings

Scott Wilson

Superglass (June 2011)

Superglass (March 2011)

Superglass (February 2011)

Superglass - PE of barely 4x (January 2011)

Superglass - CERT programme extended by 21 months (September 2010)

Superglass - Debt falls by Â£2.2m in H1 (June 2010)

Superglass (January 2010)

Superglass (August 2009)

Superglass - Expects a stronger H2; PE of 4.5 (May 2009)

Superglass - Positive update (February 2009)

Superglass - Yet to catch fire (January 2009)

Superglass - PE of 4 and yield of 11.3% (December 2008)

Superglass - Results on 25 November (October 2008)

Superglass - PE of 5.1 and dividend yield of 11% (September 2008)

Superglass (February 2008)

Superglass - Business has plenty of momentum (December 2007)

Superglass - Beneficiary of CERT program (November 2007)

Superglass - Forecasts look on low side (August 2007)

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