Updates

Caretech - Seems likely to be trading ahead

November 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.

Caretech has said that results for the year to 30 September, to be reported on 4 December, will be in line with current expectations. Brewin Dolphin currently forecasts a pretax profit of £3.9m and eps of 8p. That may look expensive but includes two acquisitions for only part of the year so strong growth looks assured. Caretech's development has already proceeded well ahead of expectations, with the two acquisitions already bedded in, taking the number of beds to 739, whereas expectations just one year ago were for 660 beds by 2010. We're sure there will be other deals before long. Brewin forecasts £6m pretax and eps of 12.3p for the current year. Strong hold/buy. ...

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Caretech - Returns to acquisition trail (June 2008)

Caretech - Operational gearing comes barrelling through (May 2008)

Caretech - Well ahead of original expectations (January 2008)

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Caretech (September 2007)

Caretech - 1,500 bed target (July 2007)

Caretech (January 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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