image

The best stocks to buy since 1993

Latest issue now available

Waterlogic

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.

  • Epic Code:
  • WTL
  • Price:
  • 116p
Disappointing H1 results. The Firewall consumer product saw unexpected five month delays to launch from Indiset; a Middle Eastern customer also changed specification and delayed launches (albeit now rectified) and a Latin America customer had a number of internal issues and stalled its launch. As it was, the Firewall product generated H1 sales of barely US$0.8m and US$2m is expected for the full year, against expectations of US$11m.Waterlogic's mainstay is in supplying POU water filters either as an outright sale to an end user, an outright sale to a distributor or on a rental basis to an end customer. The company doesn't provide much guidance in terms of mix /margin within its statements, suffice to say that kit sales have been s ...

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

Subscribe now

Already a subscriber? Login

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

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

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