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Alliance Pharma

December 2022

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:
  • APH
  • Price:
  • 46.5p
Whilst the B2C market demand for Kelo-cote in China was strong, the B2B market demand was  affected by distributors destocking and several larger orders expected in Q4 did not land. Kelo-Cote’s expected sales are therefore reduced by c.£20m to £42m reducing Group sales for the year to end December to c£170m. Reflecting the high margin nature of Kelo-cote’s sales, pretax profit is expected to be £30m, representing a downgrade of  30%. Alongside all this, what has rattled investors for a few weeks has been the ongoing battle with the Competition and Markets Authority since 2019, when it was alleged that it and three other companies had infringed competition law in relation to the sale of prescription prochlorperazine (between 2013-2 ...

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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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