Updates

Rok - Suffers from project cancellations

December 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.

It was to be hoped that Rok's decision to close its property development side would draw a line under its troubles but a shocking trading update for the four months to 4 November has put paid to that. While its maintenance activities continue to trade well, since the beginning of October there has been a significant deterioration in expected revenues in its contracting, small building works and most shockingly social housing operations, from both private and public sector clients. Committed projects totalling over Â£150m have been cancelled or deferred, with customers blaming the banking crisis. Rok now expects this year's turnover to fall Â£120m below previous expectations, causing profits to fall Â£12m, while its order book has ...

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Synergy Healthcare - Hike in costs triggers warning

Cosalt - Sells Holiday Homes side

Rok - Closes property development side (September 2008)

Rok (May 2008)

Rok - Prospective PE just 7.8 (April 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 Â£370m (October 2006)

Rok (September 2006)

Rok - Â£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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