Primary Recommendation

Brandon Hire - Tool hire group eyes national roll-out

June 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.

Over the month we met with Charles Skinner, chief executive of Brandon Hire, which hires out tools and other equipment, such as accesstowers and electric drills. Thanks to the deal-making ability of Skinner, an ex-corporate financier, Brandon has been transformed from atwo bit operator with ten branches around its South West heartland to one with over 100 branches and realistic pretensions of becoming a national player. And like Speedy Hire, our front page recommendation last month, Brandon is also enjoying burgeoning demand for its services in an industry where burdensome health & safety regulations are driving customers to seek the help of specialist operators. This buoyancy is reflected in stockbroker, Numis ...

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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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