Updates

Cape - Up 11-fold from March low

July 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.

Helping the shares to a string of successive highs was a number of contract awards in the Middle East. All three are in Qatar and relate to the LNG market and are worth a combined US$37m. The big one was a US$22m maintenance contract to supply access, insulation, fireproofing, refractory, painting & general civil work to Qatargas's onshore and offshore facilities. The other two smaller ones were for the ORYX gas to liquids plant and the Shell Pearl GTL plant. The shares have already risen 11-fold from the low of 16.75p in March when they crashed due to debt worries, which have now receded. Collins Stewart has upgraded its share price target to 225p, which equates to a PE of 6 so there could be more ...

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Redhall - New segmental reporting

Haike

Cape - Bid at 265p a share (October 2017)

Cape - Oil & gas services sector breaks recent downgrade cycle (February 2017)

Cape - Second largest contract goes awry (June 2012)

Cape (April 2012)

Cape - Australia LNG work takes off (February 2012)

Cape - Two directors buy shares (June 2009)

Cape - Directors buy (April 2009)

Cape (January 2009)

Cape - Cluster director buying (November 2008)

Cape - Another with forecasts upgraded (October 2008)

Cape - Record levels of demand continuing (July 2008)

Cape (April 2008)

Cape (October 2007)

Cape - Record levels of trading (April 2007)

Cape - Hits 52-week high (March 2007)

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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