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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Care UK - Surge in over 85s causes profits

January 2007

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:
  • CUK
  • Price:
  • 608p
Two issues ago, we highlighted how care home provider Southern Cross, 301p, was making hay on the back of a surging population among the over 85s, amidst a shortage of capacity as weaker operators were forced out. Another company doing particularly well from these trends is its only quoted rival, Care UK (FT sector: Health Care Equip & Servs) and scarcity value is clearly one reason why investors have chased its shares higher. However, under the leadership of chief executive Mike Parish, who we met with last month, Care UK has fully justified its re-rating given that in the last four years, underlying pretax profit has more than tripled from £4.9m to £15.7m. The locomotive behind Care UK’s growth has clearly ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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