Primary Recommendation

Umeco - Buoyant new business pipeline

March 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.

UMECO is a leading provider of value-added distribution and support services, predominantly to the aerospace and defence industries. Its business involves the supply and management of high volume, low value aerospace products to customers who require greater efficiencies in their supply chain and reductions in their commitments to fund inventory. Umeco was a stockmarket darling in the late 1990s when the group benefited from an outsourcing trend in the aerospace industry. Much of its work was historically underpinned by long-term contracts and this was the force behind the relentless surge in its share price from 88p in 1990 to peak at 672p in 2000. Although they subsequently retraced to a low of 165p ...

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Sectors on the Move - March

New Media Spark - News flow should trigger re-rating

UMECO (May 2012)

Umeco - Piggy-backing on demand for Boeingâ€™s â€œDreamlinerâ€ (January 2012)

Umeco - Activity levels high in civil aerospace (December 2004)

Umeco - Recovery in civil aerospace (October 2004)

UMECO (August 2004)

UMECO - Acquires Advanced Composites (May 2004)

UMECO (December 2002)

UMECO - 355p price target (September 2002)

Umeco - Major extension to Rolls-Royce contract (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.

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