Updates

Hunting

August 2012

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.

In its pre-close update covering the six months to 30 June Hunting announced that trading has been in line with expectations. Hunting, which provides oil well construction and completion services, has continued to benefit from strong tail-winds in the form of an adequate oil price, a year-on-year increase in the rig count (the key leading indicator for demand) and strong shale related drilling activity in the US. Interim results are due on 30 August and should be good. Continue to hold. ...

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Tarsus- Forward bookings tracking ahead of previous yeat

Majestic Wine - 8% increase in transactions

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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