Updates

ArmorGroup

August 2005

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.

Having risen to 248p following the London bombings, the shares lost those gains and more after ArmorGroup issued a pre-close update for the six months to 30 June. This said that two factors have held back short-term performance and whilst H1 revenues will be 25% higher, profits will now be similar to the H1 last year although the full year should still be ahead.Firstly, the timing of some large contract tenders and awards had slipped a little. As we said in March, contracts are getting substantially bigger. Back then, the annual revenue value of work tendered for, but yet to be awarded, was US$191.5m. ArmorGroup said it has successfully secured 30% of this with 25% yet to be decided. Revenue under contract for the current year the ...

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Planit Holdings

Cranswick

Armorgroup (December 2007)

ArmorGroup (August 2007)

ArmorGroup - Iraqi oil law expected in next 2 months (July 2007)

ArmorGroup - Profit forecasts downgraded (December 2005)

ArmorGroup - Wins major US weapons contract (June 2005)

ArmorGroup - 65% of sales in the bag (April 2005)

ArmorGroup (February 2005)

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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