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Eaga

January 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.

  • Epic Code:
  • EAGA
  • Price:
  • 158p
Two excellent developments for Eaga. First was news that Defra,formerly the Ministry of Agriculture, has announced that funding forthe Warm Front Scheme will exceed £800m over the next three fiscalyears (2008 to 2011), which represents an additional £300m commitment.Eaga manages the entire Warm Front improvement programme in England,which it retendered for in 2005 and holds until 2010 and so thisprovides a significant boost for both that activity and also itsvarious wall and loft insulation and boiler installation businesses,which work as subcontractors to the program. Separately, Eaga's insulation businesses were also given anothershot in the arm as Defra also announced that the CERT 2008-11obligation from April will double the ...

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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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