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Melorio - Forecasts lifted again

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.

  • Epic Code:
  • MLO
  • Price:
  • 110p
Melorio has announced that results for the period from incorporation to 31 March will be ahead of expectations, which had already recently been revised upwards. Growth at Construction Learning World has resulted in the recruitment of additional assessors whilst Logistics Learning World (LLW), Melorio's organic entry into the logistics training market, has had a strong start. LLW has secured its first major client, recruited its first assessor trainers and registered its first learners ahead of schedule. Kaupthing has lifted its eps estimate by 8% to 10.4p, a rise of 18% since January. This year's target is 13.2p. Buy. ...

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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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