Updates

Cosalt

February 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.

Whereas Cosalt's interim results had caused some confusion and ledto a share price decline, full year results seem well presented andprovide greater clarity as to the shape of the business (withprotective workwear being merged into the marine safety division).Overall, turnover was up 9% to Â£135m and pretax profit lifted by 35% toÂ£2.7m. Earnings per share were 11.6p. Three acquisitions have dramatically reshaped Cosalt, from what wasonce a sleepy conglomerate, into a focused marine safety business. Whenyou have been going for a couple of hundred years, itâ€™s easy to loseyour way but Cosalt has now been reinvigorated by its new chiefexecutive, Per Jonsson, supported by corporate builders Hanover. During the year Cosalt com ...

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Flying Brands

Melorio

Cosalt (June 2009)

Cosalt (March 2009)

Cosalt - Sells last non-core business (December 2008)

Cosalt - Strong Q3 performance (October 2008)

Cosalt (July 2008)

Cosalt - Sells non core schoolwear arm (June 2008)

Cosalt - Landsbanki sets 450p target (April 2008)

Cosalt - Expanding exposure to North Sea safety markets (March 2008)

Cosalt - Significant eps enhancing acquisition (October 2007)

Cosalt - Now a presence in top 5 European ports (August 2007)

Cosalt - Plans to grow marine safety 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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