Updates

Connaught - Makes £91m acquisition

November 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.

In its largest deal to date, social housing contractor Connaught hasannounced the Â£91m acquisition of National Britannia, a white collarcompliance services business, which nicely bulks up its existing "bluecollar" compliance division. Connaught is part funding the acquisitionvia a Â£58m placing and 2-for-11 open offer of new shares at 310p, withthe rest through increased borrowings. Operating through a network of 22 offices across the UK, NationalBritannia helps clients comply with legislation, specialising in health& safety areas such as fire, water, food safety, asbestos,occupational health and environment related risk. Services range fromadvisory, to inspection & testing and also training. NationalBritannia has perform ...

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Silverdell

TMI Trader Portfolio - November '07

Connaught - Follow CEOâ€™s lead and sell (June 2009)

Connaught - Shares fall on social housing worries (December 2008)

Connaught - Â£800m of new orders (August 2008)

Connaught - 99% of forecast revenues booked (June 2008)

Connaught - Â£455m in new contract wins (April 2008)

Connaught - Wins new contracts worth Â£370m (March 2008)

Connaught - Wins new orders worth Â£185m (February 2008)

Connaught - Shares rise more than 50p (December 2007)

Connaught (October 2007)

Connaught - Take a part profit (June 2007)

Connaught - Shares up 200% since entering (April 2007)

Connaught - Numis ups price target to 284p (December 2006)

Connaught - Shares go ex a 5 for 1 split (July 2006)

Connaught (June 2006)

Connaught - Social housing contractor going great guns (December 2005)

Connaught - Contract wins push shares about Â£7 (October 2005)

Connaught - Hits all-time high (July 2005)

Connaught - New 40.2p earnings forecast for 2006 (February 2005)

Connaught (November 2004)

Connaught - Expands into Wales (October 2004)

Connaught - Two large contract wins (September 2004)

Connaught - Â£19 billion social housing maintenance backlog (May 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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