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Scott Wilson - Specialist in transportation consulting

March 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.

Shares in firms providing consulting engineering services like White Young Green, Mouchel Parkman and WSP have demonstrated bottom-left-top-right share price graphs. This month sees the interesting addition of Scott Wilson following a placing at 158p by Brewin Dolphin. It is one of the largest new money fundraisings we’ve seen for a while. Of the shares placed, only £3.5m is on behalf of selling shareholders with the rest being new money to raise £63.4m net (£23.4m for reducing a pension deficit; £40m to pay down debt), to give a market capitalisation of £112m. Overall, it should leave the group with £11m net cash. Established in 1924, Scott Wilson was formed as a London-based consulting e ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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