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Melorio - Consolidator in vocational training

November 2007

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:
  • MLO
  • Price:
  • 107.5p
We think Melorio, a  company recently formed to consolidate thevocational training market in the UK, could soon be on a sizzlinggrowth path. Simultaneous with joining AIM last month, Meloriocompleted its first acquisition of Construction Learning World (CLW),the UK's largest provider of training to the construction sector andthis becomes Melorio’s main operating business.CLW has been growing explosively fast since it was formed in 2003 andpresently provides a number of NVQ courses, which are grant-funded andenable employees to obtain work-based qualifications. CLW offers agrowing range of courses in various construction trades such as bricklaying, plastering, concreting, steelfixing and drainage. Melorio's newmanagement will cont ...

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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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