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Primary Recommendation

Planit - At exciting stage of development

January 2004

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:
  • PLN
  • Price:
  • 25.5p
A business with its origins supplying point-of-sale kitchen design software for retailers may seem an unusual choice as a growth share investment. That was Planit's old core business  but the key to its growth has been a move to broaden the base of the company into software for computer aided manufacture (CAM)The move has been orchestrated by chief executive, Trevor Semadeni and Planit now dominates both the market for designing fitted kitchens and design-to-manufacture software of cabinets. Three acquisitions have also established a position in metal working which form a third leg and Semadeni has signalled that these are just the first of a stream of acquisitions to help fulfil Planit's ambition of being a leading supplier ...

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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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