Updates

Rok Property Solutions - Positive AGM statement

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.

At its AGM, Rok reported that although orders eased slightly in the first few weeks of the year, they have since strengthened and signs indicate that this trend will continue for the remainder of the year. Overall, like-for-like turnover growth in Q1 was up 8%. Within the contracting division, the four northern ex-Ballast offices acquired at the end of October, are already making a positive contribution. Meanwhile, the property development division will also start work on two big projects; a £35m development for a new office at Temple Quay, Bristol and an £11m retail scheme. 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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