News & Comment
Mobile phone and electronic equipment repairer CRC Group is eyeing new opportunities in Eastern Europe after increasing first-half pre-tax profits 67 per cent to £2.5 million.
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Mobile phone servicing and warranty specialist CRC Group has opened 'exclusive' talks with French group A Novo – Europe's largest after-market support services provider – about merging through a share exchange, writes Robert Tyerman.
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Mobile phone servicing and warranty specialist CRC Group is on the look out for 'value enhancing acquisitions' after reporting an 80 per cent first-half profits rise to £4.3 million, writes Robert Tyerman.
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Mobile phone repair specialist CRC exceeded even bullish market expectations today by announcing a 423 per cent interim pre-tax profits leap to £2.39 million, which has prompted house broker Williams de Broe to upgrade its full year forecasts – again. Leslie Copeland reports.
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Recommendations
If you backed CRC when Growth Company Investor recommended the company at 159p in March 2004 you are very welcome to thank us for the advice, as the shares now trade at 242p. Alternatively, and more appropriately, you could thank chief executive Alan McLaughlin and finance director Chris Matthews, the people really responsible for the dramatic turnaround at this currently high-earning and high-yielding growth stock.
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ASOS, the online fashion retailer, is easily our best stock of 2004. Recommended at 7p in February, the innovative group is now trading at 42p, an improvement of 500 per cent in a mere six months.
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CRC
HOLD 23/06/2004
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Last June, electronic equipment repairer CRC faced disaster. Mobile phone giant Nokia, which had accounted for 70 per cent of its 2002 revenues, renegotiated its contract with the company. Faced with this uncertainty, CRC's shares halved to a 72.5p record low.
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CRC
BUY 26/08/2003
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CRC
NO RECOMMENDATION 13/09/2002
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CRC
NO RECOMMENDATION 16/08/2002
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CRC
NO RECOMMENDATION 11/02/2002
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01/10/2001
Results season, that crucial time of year when company bosses open their trading accounts to the public, can be a tricky time for all involved.
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CRC
NO RECOMMENDATION 31/08/2001
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CRC
NO RECOMMENDATION 24/08/2001
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01/07/2001
'Private & Commercial Finance looks right for the times' ? that's what we said last month when we invited you to back this speciality finance venture. This bullish stance was based on the sound judgement and dedication of its management team and on its excellent position in a niche, but growing, market.
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CRC
01/02/2001
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CRC
NO RECOMMENDATION 21/02/2000
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CRC
NO RECOMMENDATION 29/10/1999
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Sector Articles
It is not every month that an Aim company announces the intention to bid for a FTSE 100 constituent. But that is precisely what happened in February, when long-dormant cash shell Capital Management & Investment (formerly known as e-xentric) announced that it is lining up a bid for leisure conglomerate Six Continents (itself formerly known as Bass).
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