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Eaga

January 2009

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:
  • 123p
The shares had rocketed to 145p after Eaga confirmed ongoing strength in trading ahead of interims, which will be announced on 29 January.  Eaga continues to ramp up delivery of volumes to its CERT utility customers, while Warm Front volumes also remain robust. The recent pre-budget report provided additional funding of £150m to the “Warm Front†initiative over the next two years and shows continuing government commitment to energy efficiency. For the year to end May, Panmure forecasts eps of 13p, lifting to 14.5p next year. Hold. ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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