Updates

CSF Group - Sets its sights on China

August 2011

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.

The shares firmed after CSF, which operates four tier 3 data centres across South East Asia, released its full year results. Revenues were up by 26% to £28.3m and pretax profit was £10.4m for eps of 6.2p. This turnover and profit, of course, included £5m from the sale-and-lease back of the datacentres and income from CSF's subsidiary, Atlas, which project manages the construction of data centres including its own. Stripping both these items away shows that the recurring element of rental and maintenance income from Atlas was up 42% to £13.8m driven by an increase in occupancy of the CX2 data centre and securing of several new maintenance contracts during the year.CSF had total capacity of 205,0 ...

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JD Sports

CSF Group - 3 month delay to letting CX5 but otherwise on track (January 2012)

CSF Group (October 2011)

CSF - Good candidate for 2011 NAP (December 2010)

CSF - Shares take off vertically as CSF mulls move into Singapore data centre space (October 2010)

CSF - Commences earthworks on fourth data centre in Malaysia (August 2010)

CSF - Malaysian data centre rollout (April 2010)

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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