Updates

Silverdell

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.

In July we set a 11p stoploss and also pointed to concerns over a possible rights issue although directors at the time said this was wide off the mark. Given that Silverdell's shares were â€œtemporarily suspendedâ€ on AIM a month later directors are either incompetent or worse; if the former, they even fooled a non-executive director who bought 150,000 shares in June. It has since become evident that a supplier filed a winding up order against Kitsons for a paltry Â£28,000 non-payment leading to that subsidiary being placed into administration. This occurred almost a week before the interims and it is bizarre that no mention was made. In a strange twist, Silverdell has subsequently announced that the trading business of Kitsons ha ...

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

Subscribe now

Already a subscriber? Login

SQS - Benefits from rupee depreciation

Vislink

Silverdell (July 2013)

Silverdell (April 2013)

Silverdell - Secures sizeable Canadian dismantling deal (February 2013)

Silverdell - Sets out target to lift margins to 10% (January 2013)

Silverdell (November 2012)

Silverdell - Shares break higher (July 2012)

Silverdell (June 2012)

Silverdell (May 2012)

Silverdell - Contractor on nuclear decomissoning framework (December 2011)

Silverdell - Asbestos manager targets industrial sector (October 2011)

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