Primary Recommendation

Cape - Record levels of trading

April 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.

We tipped Cape, a blue collar services company providing industrial scaffolding and maintenance services, last month having just met Martin May who was originally appointed as interim chief executive in 2002. At that time, the company was a bit of a pariah and you wouldn't have wanted to buy the shares as there was a risk of insolvency due to UK asbestos related claims. However, May found a solution to the asbestos legacy issue in 2005 and the company has just reported results towards the upper end of market expectations. But even the latest impressive profits could be just the beginning. Cape operates in the sexiest bit of the market with its emphasis on the energy sector where safety concerns are increasingly prominent. Clients ...

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Alterian - Explosive North American sales

Cape - Bid at 265p a share (October 2017)

Cape - Oil & gas services sector breaks recent downgrade cycle (February 2017)

Cape - Second largest contract goes awry (June 2012)

Cape (April 2012)

Cape - Australia LNG work takes off (February 2012)

Cape - Up 11-fold from March low (July 2009)

Cape - Two directors buy shares (June 2009)

Cape - Directors buy (April 2009)

Cape (January 2009)

Cape - Cluster director buying (November 2008)

Cape - Another with forecasts upgraded (October 2008)

Cape - Record levels of demand continuing (July 2008)

Cape (April 2008)

Cape (October 2007)

Cape - Hits 52-week high (March 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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