Updates

Connaught - Shares up 200% since entering

April 2007

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.

Connaught’s pre-close update for the six months ended 28 February noted that trading was good and in line with expectations and since December, £70m of new contracts had been secured on its main social housing maintenance division. Broker Numis has increased its target price to 343p and notes that in PEG terms, the prospective PE of 22.2 is undemanding for a company with c30% growth prospects for the foreseeable future. Interim results will be announced on 30 April. After being added to the Trader Portfolio at 98p in August ‘04, the shares have now gained 200%; continue to hold. ...

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Hill & Smith - Increases Zincinvent stake

ROK - Forecast beating results

Connaught - Follow CEOâ€™s lead and sell (June 2009)

Connaught - Shares fall on social housing worries (December 2008)

Connaught - Â£800m of new orders (August 2008)

Connaught - 99% of forecast revenues booked (June 2008)

Connaught - Â£455m in new contract wins (April 2008)

Connaught - Wins new contracts worth Â£370m (March 2008)

Connaught - Wins new orders worth Â£185m (February 2008)

Connaught - Shares rise more than 50p (December 2007)

Connaught - Makes £91m acquisition (November 2007)

Connaught (October 2007)

Connaught - Take a part profit (June 2007)

Connaught - Numis ups price target to 284p (December 2006)

Connaught - Shares go ex a 5 for 1 split (July 2006)

Connaught (June 2006)

Connaught - Social housing contractor going great guns (December 2005)

Connaught - Contract wins push shares about Â£7 (October 2005)

Connaught - Hits all-time high (July 2005)

Connaught - New 40.2p earnings forecast for 2006 (February 2005)

Connaught (November 2004)

Connaught - Expands into Wales (October 2004)

Connaught - Two large contract wins (September 2004)

Connaught - Â£19 billion social housing maintenance backlog (May 2004)

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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