Updates

ArmorGroup

February 2005

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Ahead of reporting its results on 17 March, ArmorGroup issued a pre-close statement for the year ended 31 December. Growth over the last year has been driven by its activities in support of the reconstruction work in Iraq as well as by the growth of the international defensive protective security services market.Revenues in 2004 were US$190m, some 93% ahead of 2003, and almost US$20m more than we reckoned last month. ArmorGroup said that it expects to deliver operating profit before interest, tax, goodwill and exceptionals relating to the IPO “equal to, or slightly greater than, US$19.5m.”Await results. ...

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CSS Stellar

Retail Decisions - CNP transactions continue rising

Armorgroup (December 2007)

ArmorGroup (August 2007)

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

ArmorGroup - Profit forecasts downgraded (December 2005)

ArmorGroup (August 2005)

ArmorGroup - Wins major US weapons contract (June 2005)

ArmorGroup - 65% of sales in the bag (April 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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