Updates

Interactive World - Generous dividend

November 2006

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 Interactive World hit a new high of 101.5p ahead of forecast beating final results for the year to 31 July, which showed turnover increasing 2% to £9.1m while pretax profit soared 37% to £4.3m. Diluted earnings were 7.7p, compared to the 7.2p forecast, thanks to a lower than expected interest charge. Net cash balances rose 20% to £3.4m, allowing the company to pleasantly surprise investors through paying a chunky 4p dividend, which produces a yield of nearly 4.5% at today’s price. The big story behind the profit surge was the sharp increase in operating margins from 34.4% to 46.7% reflecting both a change in business mix towards more profitable mobile phone revenues and the legendary David Sulliv ...

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Dana Petroleum - Production soars towards 31,000 boepd

Chemring - Order book hits another record

Interactive World - Reverse take-over by Sport Group Newspapers (September 2007)

Interactive World (August 2007)

Interactive World - 8% prospective dividend yield (April 2007)

Interactive World (March 2007)

Interactive World - Enters Trader Portfolio (September 2006)

Interactive World - High margin business on low prospective PE of just 8.0 (August 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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