SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (58310)1/5/2005 12:22:28 PM
From: Golconda  Read Replies (1) | Respond to of 74559
 
Jay a hedge of sorts on a deteriorating security situation. Note I have not analysed this at all or invested, merely reportage.

Armor Group

investing.reuters.co.uk

A fast growing company and it's shares at 149.5p seem cheap on nine times 2005 earnings. It sounds like a bargain, but what do i know?

Armor provides protective security services (often armed security personnel) to many of the world's trouble hotspots. Where there is conflict, you will find Armor.

In the year just ended sales have almost doubled and for 2005 they are conservatively expected to rise by 16% to give earning growth of 24%. The order book is 130% ahead of this time last year and there are large orders in the pipeline - one significant contract could be announced later this month.

More than 50% of the group's activities are in the middle east, but Armor can expect to follow the oil giants and infrastructure companies around the globe.

I know some will find it objectionable investing in such ventures but you've got to do what you have to to stay ahead? Hey I didn't cause the conflict did I?



To: TobagoJack who wrote (58310)1/5/2005 5:36:33 PM
From: Taikun  Read Replies (1) | Respond to of 74559
 
Jay,

Given the abyss the market has entered in 05, perhaps we should revisit the sin fund. Do you have the last post?

D