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Vega

June 2006

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:
  • VEG
  • Price:
  • 207p
Ahead of reporting results on 7 July, Vega issued a trading update which reported a good finish for the year to 30 April, a third year of successive double digit growth in revenue and profit (Charles Stanley forecast an 18% rise in sales to £62m and a 24% rise in pretax profit to £4.48m). Constrained by structural limitations in the space market and the way contracts are awarded, Vega has rapidly been transitioning into an independent consultancy advising organisations on how to deliver complex programmes and systems. On the government & defence side, the year saw it secure projects with the MoD for a secure internet project and for architectural modelling. It has also won a contract to supply HMG with a secure in ...

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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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