Updates

Education Development International - Another 16% profit upgrade

June 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.

Another benefiting from the same explosive growth phenomenon as Melorio is EDI and this too has risen 169% since our main write up in April 08 at 40.5p. Of course the two businesses, whilst both benefiting from the government open cheque book on vocational training, are very dissimilar - Melorio is a training provider whereas EDI provides the exams and assessment methodology. Revenues for the six months to 31 March were up a third on last year at Â£12.8m and pretax profit was up by 300% to Â£3.95m. Earnings were 5.3p. Net cash at the period end has ballooned from Â£1.1m twelve months ago to Â£5.8m. The UK business is primarily the exam board, which is accredited by the government to develop courses and award qualifica ...

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Melorio

Big Yellow

Education Development International (November 2010)

Education Development International (February 2010)

Education Development International - Forecasts upgraded again (December 2009)

Education Development International - Gain to date: 207.4% (October 2009)

Education Development International - Another 25% upgrade follows Januaryâ€™s 50% upgrade (May 2009)

Education Development International - 50% profit upgrade (February 2009)

Education Development International - Benefits from rising unemployment (December 2008)

Education Development (November 2008)

Education Development International - Earnings forecast lifted by 8% (July 2008)

Education Development International - Will beat expectations (April 2008)

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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