Updates

AssetCo

November 2009

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.

Assetco has issued a preclose update for the first half to 30 September. It said trading has been strong on the support services side, helped by the Capitalguard contract to supply a contingency and emergency fire crew capability service to the London Fire Brigade. That said, the vehicle assembly side is expected to have moved into the red. No change overall to Arden's eps forecast of 9.5p for this year although next year's is shaded from 10.7p to 9.9p. Interims are due in early December. Keep on buy list. ...

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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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