Updates

UMECO

August 2004

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.

After the excitement generated by its largest ever acquisition in May, UMECO's full year results contained few surprises, but were notable for chief executive, Clive Snowdon's, bullish comments regarding the continuing signs of recovery in the civil aerospace market. For the year ended 31 March UMECO, which provides valueadded distribution services to the aerospace and defence industries,saw a 2% increase in turnover to Â£184.5m and a slight fall in pretaxprofit from Â£10.2m to Â£9.6m, while earnings were 25.4p. UMECOComponents (60% sales), which generates supply chain efficiencies formajor airframe, engine and hydraulic systems' manufacturers byprocuring specialist low cost parts for them, grew sales (at cons ...

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UMECO (May 2012)

Umeco - Piggy-backing on demand for Boeingâ€™s â€œDreamlinerâ€ (January 2012)

Umeco - Activity levels high in civil aerospace (December 2004)

Umeco - Recovery in civil aerospace (October 2004)

UMECO - Acquires Advanced Composites (May 2004)

Umeco - Buoyant new business pipeline (March 2004)

UMECO (December 2002)

UMECO - 355p price target (September 2002)

Umeco - Major extension to Rolls-Royce contract (July 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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