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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Interior Services Group

October 2009

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.

  • Epic Code:
  • ISG
  • Price:
  • 193p
Shares in construction services firm Interior Services, which we buy rated in July at 134p have now rocketed 59p above that after the company produced a robust set of results. For the year to 30 June pretax profit fell just 7% to £11.7m while eps decreased 8% to 33.2p. Net cash reduced from £35.3m to £32.1m. Meanwhile the order book stands at £822m, which although down year-on-year is ahead of the last reported number. While forecasts remain broadly unchanged with Numis expecting eps of 27.4p for the year to June 2010, ISG's outlook statement, which cites improving demand, is more upbeat than previously. On that basis the shares are still inexpensive on a prospective PE of 7 and yield of 6.8%. ...

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Interior Services Group - Solid trading update (August 2009)
Interior Services Group - Fit-out group on 10% dividend yield and PE of just 4.7 (July 2009)

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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