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Omega International - Improving margins and orders

May 2004

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.

After a warm reception, shares in Omega Intenational (122.5p) have been trading quietly. Operating from its freehold factory in Doncaster, Omega is involved in the design, manufacture and marketing of kitchens under three brands;  Chippendale and Omega which are flat pack ranges targeting the lower mid market segment and the more expensive Sheraton range which is a bespoke range and comes factory assembled. All three ranges are sold through independent dealers of which Omega is currently represented in around 400 (of a possible 6,000 in the market). Although only established in 1992, Omega’s founders have been involved in kitchens since the year dot. The three were previously at former stockmarket darling, Spring Ram, ...

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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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