Updates

ROK Property - Margins should bounce back

September 2005

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.

Rok has reported results for the first half to 30 June. Pretax profit was £6.1m which was up 13% on the year, whilst earnings per share rose 10% to 16.6p. Revenue was up 12% to £239m. Rokeagle, the group's commercial property development side, had a strong first half with turnover up 24% to £26.7m and operating profit up 20% to £3.5m. The margin achieved was 13.1% and with a significant number of completions due in the second half, it should be a strong year for Rokeagle. Furthermore, the group has a high visibility of earnings into next year and acquired further land and with a policy of pre-sales, it should provide earnings support out until 2007. It was largely due to its investment in land that net debt ...

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Financial Objects

PKL

Rok (November 2010)

Rok (September 2010)

Rok (June 2010)

Rok (April 2010)

Rok- 80% visibility over 2010 sales from self-styled Nation's Local Builder (January 2010)

Rok - Prospective PE of 11.1 (September 2006)

Rok Property (February 2006)

ROK Property (May 2005)

Rok Property - Construction shares still in demand (April 2005)

Rok Property - Closes Spaceage division (March 2005)

ROK Property (December 2004)

ROK Property - Consistent growth for four years (September 2004)

Rok Property (July 2004)

Rok Property Solutions - Positive AGM statement (May 2004)

Rok Property - Fantastic set of figures (April 2004)

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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