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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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PKL - New play on NHS infrastructure growth

June 2004

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.

Given the strong debut of PKL, which provides specialist infrastructure services to the healthcare and foodservice markets, investors clearly feel they've latched onto another winner from the Government's desire to improve the fabric of the NHS.  The shares,which were brought to AIM by broker, Arbuthnot, were floated at 110p on15 April in a placing which raised £3m new money and have since moved to a 25% premium. Founded in 1985, PKL's original business is in the foodservice sector (60% forecast gross profit), where it hires outportable kitchens and heavy catering equipment on both a short and long-term basis. Its products are provided on both a pre-packaged and bespoke basis to users ranging from large sporti ...

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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.

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