noad

Stocks to Double in 2006 - we name them


capa - Wed, 14 Dec 05 :

Blimey this threads gone up in the world, well done CR and Hambi.

May I suggest BVM as a chance of doubling next year.

Recent acquisition of Touchstar seems to me a great deal, it should be earnings enhancing in the first full year, and hopefully raise the company profile all for an earnings before interest and tax multiple of under 4.

BVM consists of two companies: Belgravium a computer design and manufacturing company specialising in mobile computing and radio frequency data communications technology.

Touchstar are UK manufacturers and distributors of hand held mobile computing devices to fuel distribution and travel industry.

Last interims for Belgavium saw t/over up 22%, profit before tax up 23% and eps up 24%.

Looking forward to next year with Touchstar included I reckon full year eps of 1.8p should be achieved so the shares are at present rated on a future multiple of less than 11.

Decent dividend yield also.

capa

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