Secondary Recommendation

Stadium Group - Contract manufacturer benefits from move to China

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.

Most investors wouldn't have given AIM listed contract manufacturer,Stadium Group, any chances of survival three years ago, a time when a large chunk of its UK customer base were moving their operations to thelow cost Far East. But that year marked the low point in its fortunes. A new broom, in the shape of chief executive, Nigel Rogers, was appointed and his far reaching strategic review has seen a remarkable turnaround in the company's fortunes, the proof of the pudding being a forecast busting set of interim results on 6 September. According to recently upgraded forecasts from Brewin Dolphin, Stadium is now expected to nearly double underlying earnings from 4p to 7p in the three years ending 31 December 2005.&n ...

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Spice Holdings - Acquisitive support services firm

Glisten - Record results; gain to date: 197%

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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