Updates

May Gurney - Dependable income streams

November 2008

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.

Broker Altium notes that with plenty of uncertainty surrounding local government funds being frozen in Icelandic banks (a mammoth Â£900m or 10% of reserves is estimated), local government spend may not be flavour of the day. In May Gurney's case its prime focus, accounting for 75% of sales, is repair and maintenance services under long-term agreements to precisely these customers in markets such as highways maintenance, waste collection and recycling and utility infrastructure maintenance. During the month, the company issued a pre-close statement for the six months to 30 September. This said trading had been in line with expectations with the secured and framework forward order book now at Â£1.25 billion, which provides 90% visib ...

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Scott Wilson - Organic revenue growth >10%

Education Development

May Gurney (January 2013)

May Gurney (November 2012)

May Gurney (August 2012)

May Gurney (May 2012)

May Gurney - Enters local authority fleet and passenger transport market (December 2011)

May Gurney â€“ Well placed in the environmental sector (November 2011)

May Gurney (May 2009)

May Gurney - Waste now 13% of sales (July 2008)

May Gurney (July 2007)

May Gurney (April 2007)

May Gurney (January 2007)

May Gurney Integrated Services - Attractive new issue (July 2006)

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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