Updates and Ideas

Cape - Hits 52-week high

March 2007

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.

The bad news with Cape (CIU; 272p) is that the shares have risen almost ten-fold from their low four years ago. But then you probably wouldn’t have wanted to buy the shares at the time as the company was in grave danger of going bust. The good news however is that all that is ancient history and the group appears to be on a dramatic growth path. Founded in 1893, Cape was initially involved in the manufacture of insulation products for a number of major industries, using asbestos it mined in the Northern and Northern Cape provinces in South Africa. Although the company ceased most of its mining activities back in 1979, over 20 years later the company’s historical origins came back to haunt it with the growth of asbestos ...

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Metnor - Healthcare investments very strong

EAGA - Looks like a hot new issue

Cape - Bid at 265p a share (October 2017)

Cape - Oil & gas services sector breaks recent downgrade cycle (February 2017)

Cape - Second largest contract goes awry (June 2012)

Cape (April 2012)

Cape - Australia LNG work takes off (February 2012)

Cape - Up 11-fold from March low (July 2009)

Cape - Two directors buy shares (June 2009)

Cape - Directors buy (April 2009)

Cape (January 2009)

Cape - Cluster director buying (November 2008)

Cape - Another with forecasts upgraded (October 2008)

Cape - Record levels of demand continuing (July 2008)

Cape (April 2008)

Cape (October 2007)

Cape - Record levels of trading (April 2007)

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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