Updates

Cape

April 2008

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.

Cape has reported a fantastic set of results from its business of supplying blue collar support services such as scaffolding, specialist cleaning insulation and fire protection to the energy and natural resources sector. The business clearly occupies a sweet spot and the continued strength of the oil service market means that activity is at a record high so organic revenue growth should continue at a double digit rate. As it was, results for 2007 were excellent with pretax profit up 111% to Â£33m on sales which went up 56% to Â£428m. Eps were 24.1p on an effective 16.4% tax rate. The results, however, included relatively little from the three significant acquisitions in Australia during the second half and certainly none of the ex ...

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AssetCo

James Fisher - Fantastic results

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 (October 2007)

Cape - Record levels of trading (April 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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