Caravan king Discover Leisure delivered a generally reassuring trading update last week. Only product shortages in the motorhome market appear to have prevented the first half from being a bumper one. The integration of the two big acquisitions is going well and the company has concluded new banking arrangements with NatWest that include a two-year repayment holiday on a big chunk of the facility. The shares are fractionally down on my July recommendation level at 23.75p but remain a long-term hold.

Discover Leisure	AIM	£0.74m	0.48p	0.00p
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Other company articles:
AIM News			06/10/2008
Discover Leisure			30/05/2008
Discover hits expectations			14/12/2007
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