image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Our latest issue will be released in 9 days, don't miss out!

SigmaRoc - SigmaRoc Eps rises an incredible 40% in tough year

March 2023

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:
  • SRC
  • Price:
  • 60p
SigmaRoc said trading has been ahead of expectations for the second month running.  Revenues are expected to be greater than £525m, including organic like-for-like growth of 19%. Underlying eps are expected to be at least 7.7 pence, up over 40% on the prior year. Just as impressive, following strong cash generation in the second half, leverage is expected to be within the Group's target below 2.0x so I’d imagine another acquisition may not be too far away.  Clearly, that cluster buying by directors was well-timed. The shares are on a hot streak right now and I am happy to run this momentum spurt. I am a strong holder.  ...

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

author