Secondary Recommendation

VP Group - Another â€œbottom-left-top-rightâ€ equipment rental share

November 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.

Last time we featured two of the brightest prospects in equipment hire, a sector, which has produced strong “bottom left top right” price charts and over the month we had an opportunity to meet the management of VP Group, another equipment rental firm hitting the heights. Originally known as Vibroplant the company was founded in 1954 as a specialist in general plant hire such as diggers, dumpers, rollers and forklifts. Years later it graduated into specialist areas such as shoring (the process of supporting a structure to prevent collapse) as well as tool hire, oilfield services and even a powered access business in the US. The problem has been that general plant hire struggled to generate a decent return and when mana ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Smart Metering Systems -Fast growing prospect in remote meter reading market

Marstons - Shares hit new high of 122p

VP (August 2022)

Vp - Puts itself up for sale (June 2022)

VP - Equipment hire firm beats forecasts (May 2022)

VP (January 2022)

Vp - Equipment hire firm in early stages of eps upgrade cycle (August 2021)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X