Updates

Accident Exchange - Results due on 1 December

November 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.

Ahead of announcing interim results on 1 December, together with an acquisition, Accident Exchange has announced that these results will be ahead of market expectations. In the first five months of the year, rental turnover has increased by 744% and the fleet has grown to 518 (compared to 380 two months ago). Despite fleet growth, utilisation has been maintained at a high 89.5%.Accident Exchange has also acquired the commercial contracts of Road Accident Management, a credit hire operator specialising in prestige vehicles. The transaction involved transferring 50 vehicles and some employees but involved no financial consideration.Tipped at just 65p in August. Gain to date: 170%. Hold or take a&nbs ...

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Blueheath - Interesting business dynamics

PM Group - Waste could emerge as a fifth utility

Accident Exchange - Risk reward appealing once more (May 2008)

Accident Exchange (December 2005)

Accident Exchange (July 2005)

Accident Exchange (May 2005)

Accident Exchange - Heading into insurers back offces (December 2004)

Accident Exchange - Shares rocket 63% over the month (September 2004)

Accident Exchange - Credit hire growth at a meteoric pace (August 2004)

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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