Updates

Creston

January 2012

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.

The shares have retraced despite the reasonable interims and news of another acquisition of a US healthcare PR business on a PE of 3.4. For the six months to 30 September, helped by the contribution of Cooney/Waters, Creston reported sales up 14% to Â£36.5m (3.3% organic growth). Pretax profit was marginally up 13% to Â£4.9m for eps of 5.6p. The biggest segment, Communications (direct marketing, PR and communications), reported like-for-like sales growth of 6% to Â£21m driven chiefly by Creston's refocus towards the fast growing areas of mobile marketing and social media.The Insight division, which is Crestonâ€™s market research activity, reported flattish sales at Â£7.5m but profit fell largely due to investme ...

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International Greetings

Avon Rubber - Homeland and export orders for M50 grow

Creston (August 2011)

Creston - Shares break to new high (June 2011)

Creston (May 2011)

Creston - Possible rags to riches story (February 2011)

Creston (June 2006)

Creston (September 2005)

Creston - Annualised sales c.Â£70m (July 2005)

Creston (March 2005)

Creston - Prospective PE of 11.6 for next year (December 2004)

Creston - Makes fifth acquisition (October 2004)

Creston - Looking to triple in size in two years (January 2004)

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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