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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Rok Property Solutions - Rokeagle cuts two deals

August 2002

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
Over the last two months, Rokeagle, the property investment and development arm of Rok Property Solutions, announced two deals.   First, it has forward sold the freehold of a 70,000 sq ft retail development scheme in Launceston, Plymouth for £8.6m cash. Secondly,it is to develop an 80,000 sq. ft.  regional headquarters andcustomer care centre for London Electricity on a six acre brownfieldsite located near the M5 and Exeter. This will be leased to LondonElectricity for 25 years. The electricity group also holds an optionrequiring Rok to develop a further 40,000 sq. ft. No details,such as profit on disposal or annual income from the lease, weredisclosed in either case.  That said, Rokeagle's ...

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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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