image

The best stocks to buy since 1993

Latest issue now available

GTL Resources - Well ahead of expectations

May 2010

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:
  • GTL
  • Price:
  • 78p
Shares in GTL rocketed by 19% to 87p before settling back after a positive year end trading update, which said H2 trading has been very strong and that full year results ending March will significantly exceed market expectations.  The strong H2 improvement is due to higher commodity margins and excellent operational performance. GTL said that it expects overall US ethanol industry capacity utilisation (demand versus supply) to steadily increase as transportation fuel blenders will be gradually increasing their ethanol usage to meet the requirements of the recently finalised Renewable Fuels Standard (RFS2).Despite the share price gain, the prospective PE is barely 4x. Keep on buy list ...

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

Subscribe now

Already a subscriber? Login

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

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

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