Updates

Restore

September 2017

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.

Shares in Restore have been on a bit of a tear since April when they stood at 360p. During the month the company issued an in-line update.Within Document Management, Restore’s core records management business traded robustly. Box growth was below its rate of increase, reflecting major customer exits from previously-acquired businesses but cost savings arising from the acquisition of PHS last year meant the division traded well. Restore Datashred and Restore Scan also traded well.Within its Relocation division, Harrow Green performed well, with good year-on-year growth. Results are due on 11 September. PHS is a significant driver of the jump in eps from 16.4p to 20p for the current year, with next year& ...

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Gresham Technologies - Now 10 installations in America

Restore - £61m acquisition of EDM (June 2021)

Restore - Prospective PE of 15.2 (September 2020)

Restore (March 2017)

Restore - Buys No.2 in shredding (August 2016)

Restore - Gain since June 14: 78.3% (April 2016)

Restore (December 2015)

Restore (August 2015)

Restore (April 2015)

Restore - Buys rival for £23.5m and becomes no.2 in document management (November 2014)

Restore (October 2014)

Restore - High visibility of earnings (June 2014)

Radstone - Forecasts for year maintained despite weak first half (December 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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