Updates

Jarvis Securities - Eps forecasts raised 18%

September 2007

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.

Last month’s tip, Jarvis Securities, which provides execution only stockbroking and outsourced financial administration services, has released a stunning set of results, sending the shares back towards their highs. For the six months to 30 June, pretax profit rose 71% to £1.2m on turnover ahead by 30% at £2.2m, which means pretax margins soared from 34% to a remarkable 55%. Eps increased 73% to 7.75p, while the company declared an interim dividend of 4p. Jarvis also impressed with its level of disclosure and produced a comprehensive list of key performance indicators as well as its targets, most of which it beat. Golden nuggets included a 19% rise in funds under management to £368m and a 23% increase in cl ...

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IG Group - Market volatility boosts trading

Northgate

Jarvis Securities - Bid approach (June 2008)

Jarvis Securities - Beats forecasts yet again (March 2008)

Jarvis Securities - Another eps upgrade (January 2008)

Jarvis Securities - Good visibility of earnings (August 2007)

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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