Updates

Mayborn - Gain so far: 276%

April 2004

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.

Mayborn has now risen almost 300% since we made them a front page write-up last April; the latest rise follows this month's excellent results. For the year to 31 December 2003 underlying pretax profit rose 88% to Â£6.9m, on turnover up 10% at Â£62.1m. Earnings more than doubled to 23.7p, helped by an abnormally low tax charge of 21% (thanks to a Â£0.4m one-off tax credit) and a 6% reductionof shares in issue after Â£2.3m was spent on share buybacks. Net debt fell sharply from Â£7.2m to Â£2.8m (gearing: 24%). On the back of these results broker, Collins Stewart, has upgraded earnings forecasts from 23p to 25.4p for this year, rising to 27.5p in 2005. Thepowerhouse behind Mayborn's spectacula ...

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Topps Tiles - 160p rise in just two months

Aquarius Platinum - Another rise in platinum price

Mayborn - Takeover triggers gain of 564% (July 2006)

Mayborn - Another to receive a bid approach (May 2006)

Mayborn - TP acquisition suffers slow down (November 2005)

Mayborn - Solid AGM statement (June 2005)

Mayborn - Gains approaching five-fold (April 2005)

Mayborn - Gain to date: 247% (October 2004)

Mayborn - Good start to 2004 (June 2004)

Mayborn - Portolio constituent has gained 146% (November 2003)

Mayborn - Earnings to grow 40% by 2004 (April 2003)

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.

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