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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Parkwood - £166m order book

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:
  • PKW
Parkwood has released a trading update ahead of its move into the closed period, stating that pretax profits are expected to be £1.4m, inline with expectations.  Both Glendale Grounds  Management and the Leisure division performed well, but the overall performance will be slightly  held back by a disappointing performance  at Parkwood Healthcare, the group's  smallest division.   Meanwhile,the group has  achieved preferred bidder status on two moreleisure PFI contracts, with Breckland District Council (Norfolk) andthe London Borough of Croydon.  Assuming  these andBexley,  the other outstanding PFI contract at preferred bidderstage, are closed that would double Parkwood's PFI portfolio to 6.  Wh ...

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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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