Primary Recommendation

Innovation Group - Q1 sales +17.5% (organic)

March 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.

The Innovation Group (TIG) is not an easy business for investors to get to grips with. The companyâ€™s key area of activity is the outsourced support of operations for the insurance industry, not just in the UK but in a number of overseas markets and it uses technology to eliminate laborious and manual paper based processes. We think the business is tailormade to prosper in present market conditions. As we are learning, in the past the business model adopted by many general insurers was to lose money on the underwriting and management of claims (ie. the claims paid out were often bigger than premiums they collected) and to recoup this loss by investing the insurance premiums they collected on the stockmarket. The difficult stockma ...

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Market Comment - March '09

H&T - Gold price and weak pound boost profits

Innovation (October 2015)

Innovation (May 2015)

Innovation (January 2015)

Innovation (September 2014)

Innovation - LAS moves iy into huge "wet" perils market (June 2014)

Innovation (September 2012)

Innovation (January 2012)

Innovation - New contract wins (November 2011)

Innovation (September 2011)

Innovation Group - Targeting building claims alongside core motor claims business (June 2011)

Innovation Group (May 2011)

Innovation Group (January 2011)

Innovation (September 2010)

Innovation (March 2010)

Innovation Group - Â£21m fundraising at 10p (January 2010)

Innovation (September 2009)

Innovation (June 2009)

Innovation - Two contracts worth Â£4m (May 2009)

Innovation Group - In play (April 2009)

Innovation - New customer wins (February 2009)

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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