Updates

Workspace

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.

Last September’s recommendation to buy Workspace "on the dips" has frustratingly not yet gone "live" because the provider of flexible office space to SMEs has simply traded so well that the shares have moved to a higher range and touched 517p at one point. Workspace’s results, for the nine months ended 31 December, showed net asset value (NAV) per share rising 36% to 323p, while pretax profit, including a valuation surplus of £71.6m, rose 2% to £85.6m. Stripping out the nominal property gains, the underlying profit was £6.4m. Growth came through a combination of improving occupancy and a 2.6% rise in the rent roll. Workspace also confirmed its much anticipated conversion to a REIT ...

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Domino's Pizza

Big Yellow

Workspace - Protect gains with stop-loss (January 2016)

Workspace - Shares close in on Â£10 (August 2015)

Workspace - NAV jumps 20% to 597p per share (January 2015)

Workspace - Flexible office space provider sees NAV rocket (August 2014)

Workspace - Flexible office space provider going great guns (July 2014)

Workspace (July 2007)

Workspace - Flexible office space provider eyes massive redevelopment gains (September 2006)

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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