Updates

Quixant

May 2019

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.

One I haven’t updated on for a while. Quixant’s shares were tipped at 209p in April ‘16 and subsequently hit almost £4 but have been on the wane.The latest results for the 12 months to end December showed sales and profits looking somewhat anaemic, up by 5% to US$115.2 and 3% to US$18.2m, respectively. This was due to its largest customer facing some short term issues and also major component price inflation. Eps were 26 cents. Strong cash generation lifted net cash to US$9.7m from US$4.5m.The Gaming division grew sales by US$6.5m (+9%) to US$77.6m split between gaming platform revenue of US$62.5 million, a 14% increase and low margin commoditised monitor revenue of US$15.1 million, a 7% decrease ...

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Quixant (April 2023)

Quixant- Trading materially ahead of expectations (November 2022)

Quixant - Dual catalyst story (October 2021)

Quixant - Set to revitalise Densitrons margin (April 2017)

Quixant (January 2017)

Quixant (August 2016)

Quixant - On course to double sales this year (April 2016)

Quixant - Attractive new issue (July 2013)

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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