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Eaga

May 2008

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:
  • EAGA
  • Price:
  • 121p
Eaga is proving not to be the reliable growth stock management heralded it to be, with the company putting out another disappointing trading update. This said that the fundamental drivers of the business are unchanged - the spiralling fuel price continues to throw more and more people into fuel poverty (spending >10% of household income on heating) and the government continues to tackle this through their Warm Front legal commitments, which is managed by Eaga. Activity under the enlarged CERT programme is now at an all time high. Q1 sales are therefore significantly up on these businesses.The smaller area in social housing has however seen a few problems. The division has grown rapidly via acquisition and holds 75 contracts cov ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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