Updates

Claimar Care - Prospective PE of barely 2x

December 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.

Nobody would query the notion that caring for the elderly in their own homes is a strong growth business with 1.7m people presently in receipt of domiciliary care (a market worth Â£2.8 billion). Although the lack of funding from local authorities is a problem and has resulted in them looking at an individual's care needs and the existing support they may have from family as well as household equity, the number of people aged over 65 continues to rise and by 2031, one in four of the population will be aged over 65.Under the stewardship of current chief executive Mark Hales, Claimar (9.75p; CCGP) has begun to consolidate the market for domiciliary care services. The basic business model is relatively simple; Claimar operates a chain ...

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

Subscribe now

Already a subscriber? Login

Melorio

Haike

Claimar Care - Gain to date: 300% (September 2009)

Claimar Care (August 2008)

Claimar Care - Delays in closing contract (July 2008)

Claimar Care (June 2008)

Claimar Care - Moves squarely into complex care (November 2007)

Claimar Care - 59% of work from block contracts (February 2006)

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