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Watermark - Airline comfort kit supplier launches cabin management service

May 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.

Founder and chief executive, John Caulcutt, who we met last month has already presided over a wonderful record at Watermark, a company which provides a range of "above-the-wing" travel services and merchandise, such as passenger comfort kits, for long-haul flights for the airline industry.  Watermark's earnings have increased nearly 400% in the last seven years, although an unprecedented array of obstacles, including the second Iraq War and SARS have slightly dented progress in 2003.  But the group is firmly back on track with industry forecasts pointing to a strong rebound in long-haul passenger numbers.  More exciting still is the fact that Watermark has just launched a cabin management outsourcing program, which fo ...

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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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