Updates

ITE - Q3 revenues rise 25%

October 2013

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.

Shares in ITE have threatened to break through Â£3 on a number of occasions and remain well placed ahead of our original recommendation price of 164p from October '10.Its Q3 update has added to this momentum with total revenues, including a good performance from the biennial Moscow Oil & Gas (MIOGE) event as well as a first time contribution from a Malaysian exhibition acquired in January, rising 25% to Â£95m. Meanwhile, in spite of spending Â£26m on acquisitions it still ended with net cash of Â£17m as at 12 July (2012: net debt: Â£1.7m). The group's principal events in the period included the Mosbuild construction show as well as MIOGE, ...

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ITE - Falling rouble puts pressure on shares (March 2014)

ITE - Forward orders cover 54% of forecast 2014 revenues (February 2014)

ITE Group - Shares have gained 76% (July 2013)

ITE Group - Passage to India (January 2013)

ITE Group - 96% forecast revenues booked (September 2012)

ITE - Forward PE now just 11.1 (July 2012)

ITE - One of Numis' key picks for 2012 (March 2012)

ITE - Another eps upgrade leaves shares looking cheap (January 2012)

ITE - Outlook still very stong (November 2011)

ITE - Events firm trading on low PE (October 2011)

ITE - Very strong Q3 trading (September 2011)

ITE - Strong recovery in Moscow market (July 2011)

ITE - Q1 sales up 36% (March 2011)

ITE - Acquistion triggers another surge (February 2011)

ITE - Significant broker upgrades (January 2011)

ITE - Strong update as expected (November 2010)

ITE - Russian exhibitions organiser on brink of strong recovery (October 2010)

ITE - Russian events on verge of strong recovery (September 2010)

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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