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SDI Group - Shares jump 58p on month; gain 710%

March 2021

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:
  • SDI
  • Price:
  • 170p
SDI said it expects pretax profit in both FY21 and FY22 to exceed current market expectations. The swing factor is material follow-on orders for its Atik cameras from an OEM manufacturer of real-time PCR DNA amplifiers, driven by the ongoing demand for COVID-19 testing instrumentation. In the light of the statement, Finncap has lifted its eps forecast for the year ending April by 23% to 5.5p whilst next year’s climbs by 48% to 7.1p. Tipped at 21p in March ‘17, the gain is now a breathtaking 710% (see chart below). I’m inclined to take a part profit. ...

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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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