Updates

Spice Holdings

March 2005

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.

Following an excellent rise in the shares to a high of 208p, Spice announced that interim results had beaten expectations. For the six months ended 31 October, turnover rose 3% to £41.3m, but pretax profit rocketed by almost 100% to £1.8m, with operating margins jumping by nearly half from 4.1% to 6%. Earnings rose 92% to 4.6p. Spice continued its policy of walking away from low value work and migrating towards added value business, with the result that margins rose in all three divisions. The largest, Electricity Services, which provides buildings and ground maintenance services and civil engineering and surveying to utilities, enjoyed a 14% increase in profit to £1.2m, reflecting a reduction in (lower ...

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

Subscribe now

Already a subscriber? Login

Inter Link Foods - Ninth deal triggers more share gains

PKL

Spire Healthcare (November 2024)

Spire Healthcare - Hospital group benefiting from longer NHS waiting lists (July 2024)

Spire Healthcare (December 2017)

Spire Healthcare (November 2017)

Spire Healthcare (April 2017)

Spire Healthcare - Shares close in on Â£4 (November 2016)

Spire Healthcare (June 2016)

Spire Healthcare - Lack of NHSâ€ˆfunding reduces referrals (October 2015)

Spire Healthcare - Remgro acquires Cinven stake for 360p-a-share (August 2015)

Spire Healthcare - Private hospitals group on track for double digit growth (March 2015)

Spire Healthcare - Private hospitals operator to benefit from improving UK economy (October 2014)

Spice - Softer trading in gas side (April 2009)

Spice (February 2009)

Spice (October 2008)

Spice - Revenue Assurance nicely bedding in (August 2008)

Spice (December 2007)

Spice - Acquires Revenue Assurance (September 2007)

Spice (February 2007)

Spice (January 2007)

Spice (December 2006)

Spice Holdings - Shares establish new uptrend (September 2006)

Spice Holdings (July 2006)

Spice (April 2006)

Spice Holdings (March 2006)

Spice Holdings - Take some profit (January 2006)

Spice Holdings - More earnings enhancing acquisitions (October 2005)

Spice Holdings - Another earnings enhancing deal (August 2005)

Spice Holdings - Earnings enhancing deal (January 2005)

Spice Holdings - Acquisitive support services firm (October 2004)

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