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Sanderson

September 2024

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:
  • SDG
  • Price:
  • 86p
Sanderson is the third company I have come across in recent months that didn’t know whether it was coming or going from one month to the next - NextEq (casino equipment) and Tracsis (train software) have been similar with much toing and froing on expectations. In the case of Sanderson, having said there was a “deterioration in trading conditions in the UK” as recently as 27 June, five weeks later it said UK trading “showed signs of improvement in July.” Whilst still down 7% in constant currency, sales are improved from being down 9% in the June update. Sanderson will be unveiling a programme of strategic initiatives on 16 October. Await developments.   ...

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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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