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UP Global Sourcing

March 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:
  • UPGS
  • Price:
  • 65p
With its production in China, it has been natural for the coronavirus to induce some nervousness after the extension of the Chinese New Year holiday by nine days. Chinese factories always slow down around the New Year holiday and factories looking to re-open have had to check recent travel history of all staff and put safety measures in place including face masks and disinfection equipment. The common pattern is that skeletal staff have returned due to travel restrictions.But UPGS has said it has extensive experience of managing supply chain disruptions in China, including those caused by previous viral outbreaks. Ahead of H1 results on 30 April, it also added that its sales to end January were up 3% to £67.7m but the mix has ...

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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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