Updates

Office2office - Follow directors and take part profit

November 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.

Shares in Office2office, the contract supplier of office consumables, hit a new high of 289p on the back of a good set of results for the six months ended 30 June. Turnover increased 5% to £75.5m, with pretax profit rising 19% to £5.7m before exceptional costs of £3.3m relating to its float. Earnings increased 29% to 10.1p, while net cash increased from £1.8m to £3.8m. Highlights included two major contract renewals, including one with Barclays Bank and the other being from the Department of Work and Pensions.Office2office is a well run company and fully justifies the recent re-rating in the shares, which now stand on a prospective PE of 13.9, falling to 12.5 next year, based on forecast earnings of 2 ...

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Office2office - Low prospective PE of 5.4 (September 2009)

Office2office - Take profits and sell (May 2006)

Office2office (May 2005)

Office2Office (October 2004)

Office2office - Interesting play on outsourcing of office consumables (August 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.

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