Updates

Eaga

May 2009

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.

Eaga has issued a statement containing no surprises. It said Warm Front activity is running at increased levels to those announced in late 2008. CERT activity levels have also continued to increase in line with forecasts. Cash stands at around Â£15m and Eaga also has a three year debt facility of Â£75m. Any acquisition would be expected to be eps enhancing although Eaga has gone fairly quiet on that front. For the year ending this month Arbuthnot forecasts pretax profit to grow 23% to Â£47.2m for eps up 26% to 13.4p.Market is moving away from defensives; strong hold or switch to Superglass which is on half the multiple. ...

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Eaga (February 2009)

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Eaga (September 2008)

Eaga (July 2008)

Eaga (May 2008)

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Eaga (February 2008)

Eaga (January 2008)

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Eaga (October 2007)

Eaga (August 2007)

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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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