Updates

Spice Holdings - Forecasts upgraded

August 2006

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 included a fairly comprehensive review of Spice ahead of results, so it’s particularly pleasing to see the shares break 300p since, a new high. For the year to 30 April, Spice reported a 59% increase in underlying pretax profit to £9m with a 33% lift in earnings per share to 16.1p. Spice now presents its results in two divisions: utility services and commercial services. Within its utility services, both the historic strong-arms of water and electricity performed well, with the fastest organic growth coming from the water side where operating profit grew 43% to £4.2m, almost all organic, on sales of £58.8m. In particular, performance was helped by strong growth at H20 and MeterU, which are invo ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

SMC

CODA Scisys - Will demerge in September

Spire - 3 directors buy 235,000 shares after fall (September 2018)

Spice -Eliminates loss-making gas business (July 2010)

Spice Group (June 2010)

Spice Group (March 2010)

Spice - Plans to exit gas inspections business (January 2010)

Spice - 80% of work with utilities (December 2009)

Spice - Five-way share split (October 2008)

Spice - RAS takes greater market share (August 2008)

Spice Group (June 2008)

Spice - Broker sets 750p price target (November 2007)

Spice - Gain to date: 349% (August 2007)

Spice - Forecasts upgraded (June 2007)

Spice Group (April 2007)

Spice Group (March 2007)

Spice (January 2007)

Spice Group (December 2006)

Spice Group (November 2006)

Spice Holdings - Establishes exciting leg in energy management (July 2006)

Spice Group (February 2006)

Spice Group - Infil water acquisition (December 2005)

Spice Group - Strategic platform for social housing? (October 2005)

Spice Holdings - Forecast lifted following acquisition (August 2005)

Spice Holdings (June 2005)

Spice Holdings (February 2005)

Spice Holdings (December 2004)

Spice Holdings - Outsourcing and niche telecom services (October 2004)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X