image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

HACAS - Impeccable record continues

March 2003

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:
  • HCS
Hacas, the specialist consultant on housing related issues to the local authority and social housing sectors, is one of the select few companies still surprising on the upside. Its full year results to 30 September 2002 again beat analysts' expectations with pretax profit up 49% to £3m.  Earnings lifted 48% to 7.1p and turnover grew by 18% to £13.3m.  Back in 1998, the corresponding figures were just £0.6m, 1.8p and £3.5m and the remarkable fact is that apart from the one small acquisition of rival, Chapman Hendy, the rest has been organic growth! The two keys to Hacas'  successare  its high staff utilisation and its broad range ofservices.  These include: specialist advice on regeneration,housing ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

HACAS - In bid talks (June 2003)
Hacas - Highly productive consultancy (July 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.

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