Updates

Mayborn - Gain to date: 247%

October 2004

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.

Storming results from Mayborn have yet again led to broker, Baird, upgrading its forecasts, with pretax profit now expected to be Â£8.5m, for earnings of 28.1p (up from Â£8m and 26p) this year, rising to Â£9.1m and 29.3p next year. For the six months ended 30 June, turnover increased 10% to Â£32.2m, with pretax profit up 42% to Â£4.1m, while earnings rose a higher still 58% to 13.6p, helped by share buybacks. Once again, the sparkling performer was the babycare division, which saw a 12% rise in turnover, driven by Sangenic (+21%) and Tommee Tippee (+18%). Margins also rose from 12.7% to 15.7%. The potential competitive threat posed by new entrant, Neat, owned by Safety1st, has so far proved a ...

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Devro

Office2Office

Mayborn - Takeover triggers gain of 564% (July 2006)

Mayborn - Another to receive a bid approach (May 2006)

Mayborn - TP acquisition suffers slow down (November 2005)

Mayborn - Solid AGM statement (June 2005)

Mayborn - Gains approaching five-fold (April 2005)

Mayborn - Good start to 2004 (June 2004)

Mayborn - Gain so far: 276% (April 2004)

Mayborn - Portolio constituent has gained 146% (November 2003)

Mayborn - Earnings to grow 40% by 2004 (April 2003)

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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