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Hercules Site Services - HS2 labour division growing explosively

February 2023

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.

  • Epic Code:
  • HERC
  • Price:
  • 55.5p
Commentators are anticipating that rising interest rates will lead to a slump in the construction industry, and this has persuaded some investors that this is a sector to avoid. But some building-related companies are coping well in tough conditions and creating strong platforms for growth. One that is going like a train is Hercules Site Services (HERC; 55.5p), which has a fast growing activity supplying labour within the infrastructure sector, in particular to the High Speed Two (HS2) intercity railway development project. During the month I met with its founder and chief executive, Brusk Korkmaz. He set up Hercules Real Estate in 2008, which built the current group’s office in Cirencester. As part of that activity he had ended u ...

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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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