Updates and Ideas

Synergy Healthcare - Strongly eps enhancing acquisition

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.

• Synergy Healthcare, 307p, a company which offers laundering of hospital linen and surgical instrument decontamination services on long term contracts to NHS Trust customers, has just electrified its share price by announcing the acquisition of Lips Textielservice, the largest operator of linen services in the Netherlands. In light of the acquisition, forecasts have been upgraded; Brewin Dolphin now expects profit for the current year to 31 March will double to £8.3m pretax for eps of 16.6p. Forecast for next year is £11.3m pretax and 20.2p. Established in 1991, Synergy’s original business was the assembly of customised procedure packs containing sterile instruments, surgical gowns and dra ...

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Ragusa Capital - Late cycle new entrant

Growth Portfolio 2 - July

Synergy Health - Receives 1950p bid; SCSW gain: 306% (November 2014)

Synergy Health (November 2012)

Synergy Health (August 2012)

Synergy Health (December 2011)

Synergy Health - Growth rates lifted by sterilisation business (July 2011)

Synergy Health (May 2011)

Synergy Health - Q3 sales strong (March 2011)

Synergy Health (December 2010)

Synergy Health - Gain to date (November 2010)

Synergy Health - Aims to open 13 decontamination units in China (July 2010)

Synergy Health - "Top end of expectations" (June 2010)

Synergy Healthcare (April 2010)

Synergy Health - To open further units in China (December 2009)

Synergy Health - Very positive Q1 trading (August 2009)

Synergy Health - Opens Chinese TSSU this month (July 2009)

Synergy Healthcare (June 2009)

Synergy Healthcare (June 2007)

Synergy Healthcare (November 2006)

Synergy Healthcare (December 2005)

Synergy Healthcare - Over 85% of forcast sales in the bag (June 2005)

Synergy Healthcare - Gain since recommendation: 153% (December 2004)

Synergy Healthcare - 90% of budgeted sales already (June 2004)

Synergy Healthcare - Performing ahead of expectations (April 2004)

Synergy Healthcare (November 2003)

Synergy Heathcare (August 2003)

Synergy Healthcare (January 2003)

Synergy Healthcare - Bullish management (July 2002)

Synergy Healthcare - Brewin Dolphin upgrade forecasts (May 2002)

Synergy Healthcare - Buys Hays Clinical Support for Â£11.2m (April 2002)

Synergy Healthcare - Talks to acquire Hays Clinical Support (February 2002)

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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