Companies: SUH   

After the setbacks last year at Air Southwest, Sutton Harbour appears to be firing again on all cylinders. The airline has seen some improvement in fortunes while the property business goes from strength to strength. An eight-acre site at Portland and a 22-acre site at Plymouth City Airport are both about to enter the development pipeline and there has been good progress with pre-lets on developments now underway.

At the half-way stage, profits are up from £2 million to £2.18 million. The dividend has been lifted by a fifth. The shares, tipped here three years ago at the equivalent of 62.5p, currently trade at 125p. They have been weak for most of the year but now look to have turned around. Hold.

Sutton Harbour	AIM	£20.98m	41.50p	-1.50p
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Other company articles:
Sutton Harbour’s positive outlook			30/11/2007
Sutton Harbour			20/08/2007
Aviation high flyers			01/06/2007
Sutton Harbour hits an air pocket			24/11/2006
Air Southwest gives lift to Sutton Harbour			26/05/2006