Updates

Carter & Carter - Awaits hefty contract wins

May 2007

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.

Shares in Carter & Carter have recovered sharply on apparent relief that it has walked away from acquiring professional education services firm BPP, 692p after neither side could agree on price. BPP (market value: £345m) was probably too big a morsel to swallow and Carter can now re-focus on its core business, which has just released good results. In the seasonally quiet first half ended 31 January, these showed turnover rising 64% to £62.2m, aided by first-time contributions from five acquisitions made. Stripping these out, organic growth was 10%. Underlying pretax profit was up 20% to £5.7m, while eps rose 13% to 6.3p. Carter’s largest division, vocational learning, increased operating prof ...

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International Nuclear Solutions

Connaught

Carter & Carter (June 2007)

Carter & Carter - Offer to acquire BPP (April 2007)

Carter & Carter - Significant tendering activity (March 2007)

Carter & Carter - Acquisitions push shares over Â£10 mark (February 2007)

Carter & Carter - Shares gain Â£2 in just two months (December 2006)

Carter & Carter - Fast growing leader in Â£2.3bn vocational learning sector (October 2006)

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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