Updates

Parkwood - Moves into private fitness club sector

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.

Shares in Parkwood have surged to all time highs and have now doubled on our recommendation price of 69p last March. They are now up five-fold since the earlier recommendation in June ‘01 at 25p. The core grounds maintenance business, Glendale, has continued to improve its margins and recently won its largest ever contract with the City of Liverpool to manage its parks and gardens (worth £100m over 12 years). There was also good news for two of its peripheral businesses, the tree and shrubs nursery Coblands has been returned to profit whilst the golf course management activity has won two new contracts and now manages eight courses. The second biggest division, which manages leisure facilities for local autho ...

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RC Group - Gain since August tip: 139%

Parkwood (October 2006)

Parkwood - Positive trading update (August 2006)

Parkwood - Results ahead of forecast (April 2006)

Parkwood - Low rating for support services sector (March 2006)

Parkwood - Bullish on prospects (February 2005)

Parkwood - Makes a very cheap acquisition (May 2004)

Parkwood (February 2004)

Parkwood (February 2003)

Parkwood - Bexley PFI contract expected before year end (September 2002)

Parkwood - Joint venture to target local authority leisure PFIs (July 2002)

Parkwood - PFI start-dates are the key (April 2002)

Parkwood - Wins Bexley PPP contract (February 2002)

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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