Updates

Avon Rubber

November 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.

Another company expecting to beat market expectations. Re-echoing last month's update Avon has reported that its dairy business continues to benefit from cost reductions following the decision to outsource European manufacturing to the Czech Republic whilst on its defence side, the second filter line is up and running and has completed the accreditation process for the US government to take the product.WH Ireland forecasts eps of 13.5p for the current year to 31 December with 18.6p and 23.1p for the following two years.Results are due on 24 November. Tipped last December at 98p, it has all come together nicely. Gain to date: 58%. ...

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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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