Amstrad Plc’s shares rose 18 pence yesterday to 201 pence in heavy trading after a bullish statement from chairman Alan Sugar in which he predicted a healthy profitable contribution from Dancall A/S, the Danish cellular telephone maker. Amstrad’s GSM/PCN products went into production four months late, which caused a first half performance well below expectations. But it was profitable in December and is now close to its production targets, Sugar said. Share prices plunged at the end of last year after the resignation of chief executive, David Rogers over his opposition to the company’s extensive restructuring program.
