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Protect your mobile - and make money into the bargain! Not an ad - a reality! (BLS)     

hawick - 22 May 2004 23:08

This is higher risk than most of my recent stock picks but I think it is worthy of inclusion in any portfolio. There are about 25 million shares only in issue (small by today's standards) and they look to be tightly held.
Block Shield BLS has only just arrived on AIM and with a market cap of 25 million looks to the naked eye fully valued, however there are compelling reasons why it could more than double from here (100.5p) by calendar year end. BLS produces as the name indicates protective shielding for a wide range of electrical products, even including a new product i understand for mobiles.

The spadework has been done over 10 years, many of the products already fully developed and what makes this so attractive are the five patents already awarded and 24 more pending. The marketplace is vast - $2 billion a year said to have grown 20% a year for the last four years. Now the company is working with household names and the Chairman said he would be reporting on "progress" shortly. Orders are going to be huge, a friend in the business tells me, and the company's hopes to be a leading player are not based on hype, but on a terrific product range. Already with 56 sales representatives that too points to a company with big plans.

This has the feel of a blockbuster company in the next few years. Set to deliver big time imho, the shares represent a very strong Buy.

Interesting buy of 50k on Thursday. Not the most meaningful chart!

graph.php?startDate=04%2F07%2F84&period=

hawick - 29 Jun 2004 17:07 - 6 of 10

New CEO appointed yesterday and quietly mentioned was that Sun Micro and JDS Uniphase have both been signed up recently. Explosive potential, although the first set of numbers will be interesting, i am not in the least bothered, within reason. This is my one portfolio holding that i have allowed myself on the basis purely of potential.
Patents, products and sales teams in place, customers signing up. No telling how far this one can go in a $2 billion+ marketplace, growing at 20% a year!
At a time when AIM has had some real interesting newbies, NLR, TRX and RGO among them have struggled to make much ground, BLS has hit another new high today as a few quiet shrewdies are getting their stake ahead of the crowd!

hawick - 04 Jul 2004 11:55 - 7 of 10

Nudged up to another new high on Friday. Seems that those in this one are not interested in selling. Always a very positive sign with new issues.

hlyeo98 - 18 Sep 2008 18:37 - 8 of 10

I remember BLS was a Shares Mag favourite.

hlyeo98 - 11 Feb 2009 12:23 - 9 of 10

Chart.aspx?Provider=EODIntra&Code=BLS&Si

BLS is a loser.

hlyeo98 - 08 Apr 2009 18:06 - 10 of 10

From 160p to 0.6p, Block Shield is going to de-list. BIG loser!
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