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Rok Property

July 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:
  • ROK
  • Price:
  • 354p
Ahead of interim results on 10 August, Rok has issued a preclose statement. On the contracting side, revenues are up by around 20%. The current order book is in excess of £300m, although it could be nearer £0.8m if framework agreements are viewed as "orders."Rokeagle (development) is set for another strong year, with its emphasis on thriving provincial centres. It continues with its formula of bespoke developments, pre-let and generally pre-sold for the bigger ones. Rokforce (maintenance) has again been restrained by the good spring weather with a slower start than anticipated from the new RSA contract.   The Teather & Greenwood forecast of £14m pretax and ...

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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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