Updates

ROK Property Solutions - Acquires large construction firm

September 2002

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 Rok Property Solutions have recovered following solid interim results for the six months to June. Contemporaneously, Rok unveiled the acquisition of Llewellyn, a regional contractor based in the South East. Rok'sturnover was up 20% to Â£66.8m, while pretax profit increased 47% toÂ£1.8m. Earnings, before goodwill, rose only 13% to 7.6p,reflecting a 42% increase in the number of shares in issue, whichfunded previous acquisitions. Operating margin rosesharply from 2% to 3.4%, while net debt increased from Â£4.2m to Â£9.8m,although gearing is still a comfortable 46%. All threedivisions, comprising Rokbuild, (regional contracting), Rokeagle(property development) a ...

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TBI - Vinci could rebid from 25 September

Cranswick - Gaining selling space at Sainsbury's

Rok - Suffers from project cancellations (December 2008)

Rok - Closes property development side (September 2008)

Rok (May 2008)

Rok - Prospective PE just 7.8 (April 2008)

Rok (December 2007)

Rok - order book rises 50% (October 2007)

Rok - Shares double in two years (August 2007)

Rok (June 2007)

ROK - Forecast beating results (April 2007)

Rok (February 2007)

Rok - Useful 33% gain in 3 months (November 2006)

Rok - Order book rises to Â£370m (October 2006)

Rok (September 2006)

Rok - Â£1.1bn framework agreements underpin growth potential (August 2006)

ROK Property - Very consistent share price growth (June 2005)

ROK Property Solutions - Falls through stop-loss in spite of upgrade (March 2003)

Rok Property Solutions - Rokeagle cuts two deals (August 2002)

Rok Property Solutions - Nationwide ambitions (June 2002)

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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