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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Public Recruitment Group - "Buy-and-build" staffing company with £100m a year sales target

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.

  • Epic Code:
  • PRG
The Government's obsession with hitting performance targets in health and education has led to an unprecedented wall of money being thrown at these sectors, and this has trickled down into the public recruitment market which, at the last count, was worth £3bn a year.   One company attempting to take a slice of this actionis AIM debutante, Public Recruitment Group (PRG), an education and healthcare focused public sector recruitment group, which plans to build sales to over £100m, through a "buy and build" acquisition strategy.   In a placing by Collins Stewart PRG has floated on AIM at 136p, raising a net £9m new money.  Market value at the placing price is £30m.   PRG is led by a h ...

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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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