Updates

Creston

March 2005

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.

One thing that chief executive, Don Elgie, is not afraid of is changing his mind, especially when it comes to his acquisition strategy with Creston’s second acquisition this month into an area which he previously deemed unattractive and economically sensitive. The first instance of going outside his historical direct marketing/market research focus came in September ‘03 when he bought PR business Nelson Bostock. This time he is buying Face Communications, the holding company for creative advertising agency, Delaney Lund Knox Warren (DLKW). Creston is paying £38.3m for DLKW which for the nine months to 30 September, made a pretax profit of £2.1m on sales of £24.9m. Half the consideration will be paid u ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Macro4 - Momentum in Columbus contracts

Rok Property - Closes Spaceage division

Creston (January 2012)

Creston (August 2011)

Creston - Shares break to new high (June 2011)

Creston (May 2011)

Creston - Possible rags to riches story (February 2011)

Creston (June 2006)

Creston (September 2005)

Creston - Annualised sales c.Â£70m (July 2005)

Creston - Prospective PE of 11.6 for next year (December 2004)

Creston - Makes fifth acquisition (October 2004)

Creston - Looking to triple in size in two years (January 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.

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