Updates

Mayborn - Gains approaching five-fold

April 2005

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.

News of another earnings enhancing acquisition, immediately followed by forecast busting results, sent the shares rocketing to an all-time high of 373p. This represents a near five-fold gain since our original front page recommendation exactly two years ago. Mayborn is paying up to £10.55m for Staffordshire-based Tube Plastics, the UK's market leader in high quality children's outdoor play equipment. Given that Tube Plastics made a trading profit before one-off costs of £1.8m on sales of £18.3m in the year ended 31 December 2004, the deal will enhance earnings by over 3p in its first full year according to broker, Collins Stewart. But that's before expected cross-selling opportunities with Mayborn' ...

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Clarksons - Evolution raises price target to Â£14

Urbium - New 91p earnings forecast for 2006

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 - Gain to date: 247% (October 2004)

Mayborn - Good start to 2004 (June 2004)

Mayborn - Gain so far: 276% (April 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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