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Planit Holdings - Strong Q4 trading

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.

  • Epic Code:
  • PLN
  • Price:
  • 30.5p
Re-echoing what we said in the January issue, Planit has announced that Q4 to end 30 April was strong across all divisions.In particular within the computer aided manufacture (CAM) businesses, Planit said that trading in the US continues to improve. Radan, which supplies CAD/CAM software for the sheet metal industry, has received a contract from Northrop Grumman which has broken it into the US defence industry. Sales in the retail design software side, the old core part of Planit, are on budget. Evolution Beeson Gregory has slightly nudged its forecast up to £2.9m and eps of 2.2p for the year just ended. Forecast for the current year is £3.3m and 2.4p. Keep holding.  & ...

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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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