Updates

Lavendon Group

December 2012

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.

Lavendon is one company that we suspect will in time provide attractive prey for a US giant hungrily eyeing the growth opportunities in the UK and the rest of the world, having already rebutted an approach from Ashtead/VCs a year ago. The company has just issued its Q3 update, which said rental revenues for the nine months to 30 September were up 4%. The reported country-by-country performance was in-line with our recent write up. To recap, the core UK side saw volumes improve, with a good performance in October. Germany continues to see the benefits of reducing surplus fleet, which should boost returns. Belgium and France have both continued to increase revenues, with France delivering a particularly strong performance. In ...

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Tikit - Recommended bid from BT at 416p

Clinigen - Trial services to grow at 17% annual clip

Lavendon (February 2017)

Lavendon (January 2017)

Lavendon - Unsolicited bid and counterbid! (December 2016)

Lavendon - Trading at close to book value (131p) (March 2016)

Lavendon - Trading at top end of forecasts (February 2016)

Lavendon (September 2015)

Lavendon - Upgrade when others in sector get downgrade! (August 2015)

Lavendon - UK trending higher (May 2015)

Lavendon - Peel Hunt forecasts eps of 16.6p for current year (March 2015)

Lavendon - 2014 at top end of expectations (February 2015)

Lavendon (September 2014)

Lavendon (March 2014)

Lavendon - Results due 27 February (February 2014)

Lavendon (December 2013)

Lavendon - Middle Eastern leg becomes biggest (October 2013)

Lavendon - 30% growth in Middle East -tax free (August 2013)

Lavendon - Middle East up 34% in Q1 (May 2013)

Lavendon - EBITDA rises 5% to £75m (March 2013)

Lavendon Group - Tidal wave of free cashflow (October 2012)

Lavendon (August 2012)

Lavendon (April 2010)

Lavendon (December 2009)

Lavendon - Investec initiates with 300p target (September 2009)

Lavendon (August 2009)

Lavendon -Olympic contract win (May 2009)

Lavendon - Directors buying (March 2009)

Lavendon - Four upgrades to forecasts (October 2007)

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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