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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Anpario (Kiotech as was) – one for the cat litter?

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- Tom Winnifrith

I recommended shares in Anpario (ANP – Kiotech as was) back in August 2009 at the equivalent of 103.5p on t1ps.com. Today shares in this international supplier of natural feed additives which enhance the health and output of animals trade at 113.5p – up but not by much. The company is capitalised at £20.5 million. Results announced last month for the first half of calendar 2012 provide the platform for me to take a new look at the investment case…

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