Updates

Dialight

October 2013

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.

Having hit new highs last month Dialight came off as it announced delays in contract awards in Obstruction. Despite the framework agreement with a major US cell tower operator, which we reported last month, purchase orders did not come through in time to benefit this year but will now boost next year. Profits will be broadly flat on last year at c.Â£20m and eps of c.43p. Avail of the dip and buy. ...

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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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