Updates

Scott Wilson - Organic revenue growth >10%

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.

The preclose statement confirmed that trading has remained robust and "in line with management expectations." Organic revenue growth in the current year is in excess of the strategic plan target of 10% and and has been boosted by international growth ahead of expectations. Investors have clearly been worried by any firms with property exposure; in Scott Wilson's case less than 5% of the total relates to commercial and residential property projects and Scott Wilson has already preempted any hiatus in work by re-allocating 200 staff to international projects. Scott Wilson said that its order book continues to be strong and has benefited from a number of new or extended contracts. Separately, during the month it announced ...

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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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