Updates

AssetCo

May 2010

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.

Since our last update, Assetco has been awarded the long awaited fire stations contract by the United Arab Emirates (UAE) government. The contract is to provide a fully outsourced firefighting contract in Abu Dhabi involving the provision of personnel, operational equipment and facilities management. The three-year contract initially covers just five stations and is worth Â£40m over three years. This is so much better news than the earlier ten-year joint venture formed in November with the Abu Dhabi government to manage its new multi-agency emergency services training centre, Rabdan Disaster City. Why? First, because it kicks in right away with brokers expecting it to contribute Â£2.5m to Assetco's profits annually, wh ...

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AssetCo (July 2010)

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AssetCo - Abu Dhabi fire contract could be worth Â£1 billion (July 2009)

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AssetCo - New bid opportunities in 2008 (January 2008)

AssetCo - 20-year fire and rescue contracts (May 2007)

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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