Updates

Comino

July 2004

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.

Litigation worries have been the main reason for the underperformance of shares in workflow and electronic document management provider, Comino, our main recommendation last September. Results for the year ended 31 March, were respectableenough, with pretax profit rising 37% to Â£2.2m, before legal costs ofÂ£149,000, while earnings increased 28% to 10.7p (just below brokerforecasts of 11.5p). With significant investment in its core solutionslargely complete across all divisions, Comino has diverted resourcesinto an aggressive marketing campaign. This has led to successin its Local Government division (42% sales), which supplies therevenue & benefits and housing departments of local authorities.Underlying ...

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Business Post

Highbury House

Comino - Confident enough to spurn suitor (January 2005)

Comino (October 2004)

Comino (August 2004)

Comino - Encouraging outlook (December 2003)

Comino - Buoyant order books for workflow software group (September 2003)

Comino - Constellation builds 5.9% stake (April 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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