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Spring

June 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:
  • SRG
  • Price:
  • 109p
In line with positive noises from MSB and Harvey Nash, Spring has also reported that positive trading  has continued to date, with increased levels of vacancies, billing rates and numbers of contractors and temporary staff on assignment. The technology staffing business has won new accounts as well as renewed and extended its agreements with a number of account wins. This saw contractors rise from 2,858 to 5,015 last year and the number should rise again this year.  Spring Personnel, the general staffing business, continues to extend its branch network and invest in new service offerings.  Williams de Broe forecast eps of 5.5p for 2004 with 6.4p next year. Tipped at 45p in Ja ...

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Spring Group - First half profits should please (September 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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