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May Gurney – Well placed in the environmental sector

November 2011

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:
  • MAYG
  • Price:
  • 297p
Because of austerity measures impacting most local authorities you might imagine a business involved in road maintenance is vulnerable to large downswings in demand. Certainly if you looked at the share price for Mouchel Group (MCHL; 13.5p), a consulting engineer in designing new roads, it would be easy to take that view. Mouchel has also come a bit unstuck with its work in the Middle East. At odds with all that, May Gurney, the subject of this article, has a share price that sits close to its high and has just announced that profits are going to beat broker forecasts. ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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