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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hill & Smith - Shares soar above £4: a new high

October 2007

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:
  • HILS
  • Price:
  • 397p
Hill & Smith, which featured as a main write-up in March, has stood out in a tepid market with the shares adding over £1 since our recommendation, helped by a sharp round of broker upgrades following its interim results. The company, which has developed a lucrative niche supplying transport infrastructure products is benefiting from buoyant demand in Government transport spending and with its order book now underpinned by larger and longer-term contracts we expect investors to continue rewarding it with a higher rating. Hill & Smith was originally a small time steel stockholding business but under the auspices of chairman David Grove, formerly a mover and shaker in the world of private equity, the company has tapped his kn ...

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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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