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Eaga

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.

  • Epic Code:
  • EAGA
  • Price:
  • 129.5p
Eaga's pre-close statement reiterated that trading is in line with expectations. Underlying this has been a six month contribution from the Scottish Power CERT contract won last year and the Digital Switchover contract. Collins Stewart forecasts eps of 13p for the year ended on 30 May (to be announced on 2 September) and 14.3p this year. The shares have finally grown into their valuation and look inexpensive although the market’s focus is presently away from defensives. Eaga was the brainchild of chief executive John Clough, who stands down this month due to ill health. Hold. ...

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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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