Welcome to EQUITY DEVELOPMENT
The UK's longest established regulated provider of sponsored equity research.
We launched EQUITY DEVELOPMENT in 1997 becoming the first ever regulated provider of Sponsored Equity Research in the UK.
Our research teams are made up of expert analysts with deep understanding & experience in their sectors. Our research is distributed to all relevant investment classes & commentators. (at no cost to the reader).
We have made our name by specialising in those companies who are not receiving the attention that they merit, using detailed commentary, appropriate valuation metrics and regular publications to help eradicate undervaluation in the medium term.
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Cape
Cape specialises in the provision of essential services to the energy sector, including common user scaffolding, insulation, and fire protection.
Business flourishing
Excellent results released
Well placed to serve robust energy sector
Executing international strategy; sales synergies on enlarged footprint
Upgrade of fair value to 380p / share vs 242p currently
Set for further growth
- Excellent 2006 results and current trading ahead of expectations
- Contract wins in all key markets – robust forward order book
- Scheme of Arrangement derisks the business
- Acquisition possibilities
- Cape's fair value seen at 333p/share vs current 268p
Cape; focused on growth
- Driven by strong growth in global energy markets
- UK and international businesses performing well
- Much improved financial position
- Organic growth augmented by acquisitions
- Asbestos issues resolved
