Secondary Recommendation

Spice Holdings - Acquisitive support services firm

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.

Spice Holdings, a fast-growing provider of support services predominantly to the utilities and specialist telecoms industries, has attracted quite a fan club since it floated on AIM on 26 August. Thanks partly to its ability to buy underperforming businesses cheaply and turn them around, Spice has seen operating profit increase ninefoldfrom Â£0.4m in the year ended 30 April 2002 to Â£3.6m in 2004. This trendlooks set to continue, with brokers forecasting Â£5.9m and Â£7m this yearand next, which translates into two year earnings growth of 65% from 7.3p to 12.2p. Institutional investors rarely look a gift horse in the mouth and it was largely their buying pressure at the float which saw the shares squeezed higher in open ...

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

Subscribe now

Already a subscriber? Login

Tullow Oil - Reaping benefits from Energy Africa

Stadium Group - Contract manufacturer benefits from move to China

Spire Healthcare (November 2024)

Spire Healthcare - Hospital group benefiting from longer NHS waiting lists (July 2024)

Spire Healthcare (December 2017)

Spire Healthcare (November 2017)

Spire Healthcare (April 2017)

Spire Healthcare - Shares close in on Â£4 (November 2016)

Spire Healthcare (June 2016)

Spire Healthcare - Lack of NHSâ€ˆfunding reduces referrals (October 2015)

Spire Healthcare - Remgro acquires Cinven stake for 360p-a-share (August 2015)

Spire Healthcare - Private hospitals group on track for double digit growth (March 2015)

Spire Healthcare - Private hospitals operator to benefit from improving UK economy (October 2014)

Spice - Softer trading in gas side (April 2009)

Spice (February 2009)

Spice (October 2008)

Spice - Revenue Assurance nicely bedding in (August 2008)

Spice (December 2007)

Spice - Acquires Revenue Assurance (September 2007)

Spice (February 2007)

Spice (January 2007)

Spice (December 2006)

Spice Holdings - Shares establish new uptrend (September 2006)

Spice Holdings (July 2006)

Spice (April 2006)

Spice Holdings (March 2006)

Spice Holdings - Take some profit (January 2006)

Spice Holdings - More earnings enhancing acquisitions (October 2005)

Spice Holdings - Another earnings enhancing deal (August 2005)

Spice Holdings (March 2005)

Spice Holdings - Earnings enhancing deal (January 2005)

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