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Carter & Carter - Acquisitions should push shares higher

May 2006

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.

C&C has reported excellent results for the first six months. The period included five months of the Assa acquisition which served to boost sales by 64% to £37.9m (24% organic) and pretax profit by 76% to £4.7m (4% organic). Earnings were up 30% to 9.5p. As chief executive Philip Carter points out, since being founded in 1992, the group has been growing strongly but is now looking forward to a period of spectacular growth. A year ago, C&C’s business was dominated by a technical training activity for mechanics (54% of sale) with its smaller business being a range of outsourced services for motor manufacturers. The latest results show that the vocational learning side (technical training) is now up to 62% ...

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La Tasca

Carter & Carter - Buys two vocational learning businesses (June 2007)

Carter & Carter (May 2007)

Carter & Carter - Exploring college outsourcing deals (March 2007)

Carter & Carter (January 2007)

Carter & Carter - Our best performing NAP tip this year (November 2006)

Carter & Carter - Look set to break higher (September 2006)

Carter & Carter - Eps enhancing acquisition (June 2006)

Carter & Carter - Eps enhancing acquisition on 6.5x profit (March 2006)

Carter & Carter - Aquisitions planned to grow presence in government funded training market (January 2006)

Carter & Carter - Squarely in market for work based training (December 2005)

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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