Updates

Cosalt - Significant eps enhancing acquisition

October 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.

The shares surged after Cosalt announced the acquisition of GTC, amarine services business, for up to Â£30.2m on a cash free and debt freebasis. The upfront consideration is Â£19.25m cash plus Â£7.3m in shares(2.12m new shares). The final balance of Â£3.75m will be paid in cashand is based on profits in the year to 30 November 2008. Based in Aberdeen and Glasgow, GTC's mainstay is the refurbishmentand rental of lifting gear used in the offshore oil and gas market andit services most of the large operators in the North Sea providingchains, wires, winches and shackles. It isn't just about box shiftingas quite often these are specialist bits of equipment and may requiretailoring for a particular purpose. Marine and offshore oilfieldl ...

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Jetion

Rensola

Cosalt (June 2009)

Cosalt (March 2009)

Cosalt - Sells last non-core business (December 2008)

Cosalt - Strong Q3 performance (October 2008)

Cosalt (July 2008)

Cosalt - Sells non core schoolwear arm (June 2008)

Cosalt - Landsbanki sets 450p target (April 2008)

Cosalt - Expanding exposure to North Sea safety markets (March 2008)

Cosalt (February 2008)

Cosalt - Now a presence in top 5 European ports (August 2007)

Cosalt - Plans to grow marine safety side (March 2007)

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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