Updates

Electric Word

September 2006

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.

For the six months to 31 May, Electric Word reported sales of £4.5m and a profit before tax up from £116,000 to £313,000. That included a five month contribution from sports directory publisher SportBusiness Group (SBG) and one month from educational mail order business Incentive Plus, funded by two placings. Together, the two acquisitions contributed a net profit of £122,000, so excluding acquisitions, organic sales growth was 12% and organic growth in profit was 66%. Earnings per share were 0.23p. The public sector publications, aimed predominantly at teachers, generated an operating profit up 22% to £281,000 including a one month loss from Incentive Plus whose profits are strongly weighted towards ...

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Augean

Homebuy

Electric Word (March 2008)

Electric Word - Trading in line with expectations (January 2007)

Electric Word (July 2006)

Electric Word - Buys educational mail order business (May 2006)

Electric Word - Sports side should benefit from Olympics (March 2006)

Electric Word - Largest acquisition to date (January 2006)

Electric Word - Publisher in public sector niche (March 2005)

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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