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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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White Young Green - New highs for consulting engineer

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.

  • Epic Code:
  • WHY
  • Price:
  • 345p
Shares in  consulting engineer White Young Green have surged to a new high of 345p, making for a gain of 150p since we made them a main recommendation last July at 195p. The latest surge followed excellent results for the year ended 30 June, with turnover rising 60% to £144m, of which organic growth was 12%. Pretax profit increased 46% to £10m and earnings rose 27% to 18p.  Net debt increased slightly to £15.4m, caused by an increase in spending on its own property and infrastructure but interest cover remains strong at 7.5 times.  All of White Young Green’s core areas of engineering, management services, environmental services and town planning enjoyed a successful year, with record b ...

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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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