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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Rok - Prospective PE just 7.8

April 2008

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.

  • Epic Code:
  • ROK
  • Price:
  • 117p
Shares in building and property development firm Rok bounced after it banished fears of another profit warning by announcing reasonably good final results. For the year to 31 December, Rok generated a 41% rise in pretax profit to £31.7m from turnover  that increased 38% to £950m. Earnings rose 24% to 13p. Rok’s new build and construction division once again produced superlative results with revenue increasing 54% to £526m and operating profit doubling to £10.1m. In a chastened new era of tightening credit, Rok is fortunate that half its activities came from the public sector, much of which is procured under long-term framework agreements. Indeed Rok notes that these agreements now account for £1.8bn of future work, whi ...

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Related Articles

Rok - Suffers from project cancellations (December 2008)
Rok - Closes property development side (September 2008)
Rok (May 2008)
Rok (December 2007)
Rok - order book rises 50% (October 2007)
Rok - Shares double in two years (August 2007)
Rok (June 2007)
ROK - Forecast beating results (April 2007)
Rok (February 2007)
Rok - Useful 33% gain in 3 months (November 2006)
Rok - Order book rises to £370m (October 2006)
Rok (September 2006)
Rok - £1.1bn framework agreements underpin growth potential (August 2006)
ROK Property - Very consistent share price growth (June 2005)
ROK Property Solutions - Falls through stop-loss in spite of upgrade (March 2003)
ROK Property Solutions - Acquires large construction firm (September 2002)
Rok Property Solutions - Rokeagle cuts two deals (August 2002)
Rok Property Solutions - Nationwide ambitions (June 2002)

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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