Updates

Cape

February 2010

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.

Shares in Cape, which provides scaffolding and insulation services to the oil & gas and mining sectors, took on more than 40p after it confirmed trading remained in line with expectations, while activity levels continued to be strong during the second half. What most pleased investors was news of a c.Â£50m reduction in net debt to around Â£115m, approximately 9% ahead of market expectations. Broker, Numis, which has maintained eps forecasts of 34p for 2009 and 35.9p for this year, notes that the prospective PE rating of 6.7 is just over half that of its peer group and is unjustified. It also believes that a share price of Â£3-Â£4 is achievable on a 12 month view, based on increasing confidence in 2010 forecasts and its opportu ...

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Big Yellow - Net debt falls by £35m

Petrofac

Cape - Shares continue sharp rally (November 2012)

Cape (September 2012)

Cape - Iffy contract triggers Â£14m charge (July 2012)

Cape - Propsective PE: 8.2 (May 2012)

Cape - Shares bounce by 130p (March 2012)

Cape - Sell off ocer-done; forward PE now 6.6 (January 2012)

Cape - Industrial services firm eyes huge LNG opportunity (October 2011)

Cape - Shares soar over Â£5 (May 2011)

Cape - Gain to date: 314% (February 2011)

Cape (October 2010)

Cape - Big upgrades to eps forecasts (April 2010)

Cape (December 2009)

Cape - Gain approaching 150% (November 2009)

Cape (August 2009)

Cape - Collins Stewart raises price target (July 2009)

Cape - Strong demand profile means shares are dirt cheap on PE of 3.3 (May 2009)

Cape (November 2008)

Cape - Price target lifted to 386p (July 2008)

Cape - Shares re-rated after forecasts upgrade (May 2008)

Cape - Industrial services firm with huge (March 2008)

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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