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Multi Group - Health and safety driving demand

May 2002

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:
  • MLT
The outlook for the UK tool hire market remains buoyant. Three yearsago when shares in  tiddler, Multi Group (20p), were last trading at these levels it had just started to accelerate its opening programmeof  tool hire depots. Unfortunately, as was so often the case withroll-out situations, reflecting startup costs of new locations, forecasts got missed and this initially frightened off investors. Five of its ten depots are under 18 months old, but as Multi has got larger,newer units have a proportionally less dampening effect. Multiis a tool hire company and also provides software and associatedservices to the hire industry, although divisions are not reportedseparately.  Multi was established in 1992 and joine ...

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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.

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