Updates

Creston - Annualised sales c.Â£70m

July 2005

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.

When a company is as highly acquisitive as Creston, results for any period will become virtually meaningless as acquisitions contribute for only part of any given year. The upside is that this phasing means that growth is already built in for this year even if no other deals are done. For instance, Creston has just reported that sales in the year to 31 March rose 22% to £36m which included a full year from PR agency Nelson Bostock, six months from CML, the market research company, whilst advertising group DLKW was included for just 3 weeks. Annualised sales are therefore probably closer to £70m. Pretax profit was up 68% to £3.5m and earnings per share lifted 19% to 10.7p. The changing business mix resulted in operating ...

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Domino's Pizza

GB Group

Creston (January 2012)

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 (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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