Updates

Cape - Propsective PE: 8.2

May 2012

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.

Cape's wobble last autumn has partially been rectified with a better Q4 translating into a modest 2.8% rise in eps to 43.8p for the full year. Cape recorded an unchanged pretax profit of £69.4m as an 11% rise in revenues to a record £722m was offset by operating margins falling from 12% to 10.9%. Net debt increased from £53m to £59m, while the order book jumped almost 10% to £940m with over 68% of consensus 2012 forecast revenues secured. Cape, which provides industrial services such as scaffolding, insulation and fire protection to the oil & gas and mining sectors, reports across four regions with the Far East / Pacific Rim the fastest growing, with operating profit increasing 28% to almost &poun ...

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Ultra Electronics - Goldman Sachs has Â£22 price target

Senior - Upturn continues in main commercial aerospace market

Cape - Shares continue sharp rally (November 2012)

Cape (September 2012)

Cape - Iffy contract triggers Â£14m charge (July 2012)

Cape - Shares bounce by 130p (March 2012)

Cape - Sell off ocer-done; forward PE now 6.6 (January 2012)

Cape - Industrial services firm eyes huge LNG opportunity (October 2011)

Cape - Shares soar over Â£5 (May 2011)

Cape - Gain to date: 314% (February 2011)

Cape (October 2010)

Cape - Big upgrades to eps forecasts (April 2010)

Cape (February 2010)

Cape (December 2009)

Cape - Gain approaching 150% (November 2009)

Cape (August 2009)

Cape - Collins Stewart raises price target (July 2009)

Cape - Strong demand profile means shares are dirt cheap on PE of 3.3 (May 2009)

Cape (November 2008)

Cape - Price target lifted to 386p (July 2008)

Cape - Shares re-rated after forecasts upgrade (May 2008)

Cape - Industrial services firm with huge (March 2008)

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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