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Superglass - Results on 25 November

October 2008

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:
  • SPGH
  • Price:
  • 37p
In the same month that the government unveiled a £1 billion plan for insulating people’s homes, Superglass has issued another of its cack-handed announcements. This said that results for the year to 31 August will be in line with expectations but that "management cannot be certain about results for the current year" (which incidentally only started on 1 September).No further details were given. Brewin Dolphin suggests that the unprecedented decline in new housing starts is to blame, not because this is a particularly large area for Superglass - it isn't - but because competitors who have been affected by that market may have diverted their efforts to the retrofit insulation market. The broker forecasts 8.9p for the year just en ...

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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.

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

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