Stocks to Double in 2006 - we name them

Here are my choices......all carry a high level of risk !

GFF.........

This one seems well forgotten about.
According to trading statement (26.09.05)results should be in excess of the following: T/O trebled from 3.3m > 10M+, PBT doubled from 454K to 900K+

31.03.04 T/O 1.15, PBT 0.14, EPS 0.62
30.09.04 T/O 2.16, PBT 0.31, EPS 0.61
31.03.05 T/O 4.70, PBT 0.45, EPS 0.82
30.09.05 T/O 5.40(PR), PBT 0.46(PR), EPS 0.83(PR)

EPS full yr = 1.65 x sector ave pe 14.6(PR) = 24.1p
Current pe in region of 4
Dilution due to maturing loan note, still leaves it on pe=5.

Since the trading statement, they have realised 1.325M thro the sale of shares in Firenze, PearlStreetHoldings and Worldwide Natural Resources shares.
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IDN....

The share appears to have been dogged by a share overhang due to the ex ceo offloading his shares (originally 18.6%, now left with 5.2%)I believe that the company is still performing strongly and the overhang situation will be rectified this year, which will result in a re rating.

30.04.04 T/O 6.02, PBT 0.28, EPS 0.08
31.10.04 T/O 7.00, PBT 0.38, EPS 0.11
30.04.05 T/O 7.21, PBT 0.43, EPS 0.12
31.10.05 T/O 8.80(PR), PBT 0.54(PR), EPS 0.13(PR)

fy05 eps 0.25 x sector ave pe 14 = 3.5p
earnings for 06 (PR) 0.31+

Earnings appear to be always weighted to H2.
Growth this year should come from a new contract with the Federation of Small Businesses. Growth last year came from a similar tie up with BIBA(Insurance brokers). Also, measures being undertaken to provide an enhance VOIP package, which should help to increase margins. House broker has recently issued an outperform rating also.

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EEN..... (Oil Play)

Relatively 'new' management, that have had long enough to turn this company around. Very steady management, targeting lower risk prospects, showing seven out of seven drilling success. The production has been ramped up from a few hundred bopd to currently over 4800 bopd and this is being restricted until handing facilities have been completed at end of year.

Latest interims:

LONDON (AFX) - Hydrocarbons producer Emerald Energy PLC reported a sharp
upturn in pretax profits in the first half to 3.27 mln usd against 932,000 the
previous year, with turnover almost quadrupling to 12.4 mln usd.
The company said its overall production increased over six months to an
average 2,745 barrels of oil per day in June from 2,344 bopd last December.
Emerald said it planned to drill at least four exploration wells and a
number of development wells over the next twelve months.
"The thrust of operations will continue to be early production from newly
drilled wells and optimisation of fields that have been put on production," said
Emerald chairman and chief executive Alastair Beardsall.

Add to this, that these figures are obtained on their smaller prospects and that the two giants are not yet developed (Gigante field columbia, 50% block 26 syria) and huge growth in this company looks set to continue for several years.
It also appears to be getting brought up to speed at exactly the right time to maximise gains from the current oil prices.
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OXB..........(not on current fundies - purely potential)

This pharma play, is currently pulled lower due to a placing, where the funds raised will enable them to take one of their lead drugs thro to phase111 trials, which at a single stroke increases their bargaining power if a predator does come calling. They have an extensive pipeline of developements and several products already licensed out to other co's. High risk play with huge potential.



Way too much info to condense effectively.


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