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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Spice

December 2006

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:
  • SPI
  • Price:
  • 359p
Shares in Spice have remained very strong with a new high of 367p being hit on 6 November. This followed its latest trading update which noted that both its commercial services and utility services divisions are experiencing strong levels of organic growth. In commercial services, the acquisitions of Inenco and Breval are proceeding to plan with the latter performing ahead of expectations, after winning new contracts with BHS and the Spirit Group, where it will provide energy procurement and invoice validation for the next three years. Spice’s utility services side has also grown strongly with telecoms winning new work with Huawei and British Airways, while the water operations have seen high demand for its leakage detectio ...

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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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