Updates

Alternative Networks - Strong track record

February 2007

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.

Alternative Networks (AN.; 150p) looks an exciting and fast growing company. Last year saw a step change in the size of the business following the acquisition of ITB in October 05, a Reading-based fixed line and mobile services reseller. With that acquisition included for 11 months of the year, sales climbed 42% to £65.6m and pretax profit by 58% to £5.96m. Based on profits climbing to £7.2m for the current year to 30 September, the price earnings ratio falls to 13.7. This still looks good value for a company that will have reported an unbroken run of profit growth in each of the past ten years. The performance is all the more surprising given that the cost of telecommunications services is falling each year. Al ...

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Alternative Networks (December 2016)

Alternative Networks (May 2012)

Alternative Networks (January 2012)

Alterantive Networks - Double digit organic growth in mobile revenues (November 2011)

Alternative Networks - Expects to lift dividend 10% in each of next two years (May 2011)

Alternative Networks (November 2010)

Alternative Networks - Cashflow remains strong (January 2010)

Alternative Networks (November 2008)

Alternative Networks - Announces buy back of shares (August 2008)

Alternative Networks (June 2008)

Alternative Networks - Benefits from better buying after Echo (January 2008)

Alternative Networks - Buys PBX installer (October 2007)

Alternative Networks - Converged devices help maintain ARPU (July 2007)

Alternative Networks - Furious growth on mobile side (March 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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