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Penny Share Review 273

14 February 2005

Press

The ‘Investment Extra’ column of Saturday’s Daily Mail recommended Aerobox (ARX) and explained about how its technology could impact upon the air cargo industry. The Group hopes to win 10% of the market within a year and then ultimately achieve a 25% plus share, making it the industry standard. The paper believes the shares have a great deal of long-term promise, but that investors may need patience. Shares in the Group advanced by 1.25p to 19.00p this morning.

Saturday’s Independent reported on the suspension in the shares of Caplay (CLY), after the former CEO, Ken Murray obtained a court order freezing the Company’s bank accounts. Mr Murray is seeking £750,000 from Caplay, which he claims to be owed under the terms of his contract. He lost his initial claim, but is still pursuing the Company through the courts. The papers said that even if he wins the appeal, he looks set to lose hundreds of thousands of pounds, as he is limited to claiming a maximum benefit of one years salary and benefits. The shares remain suspended.

According to the Daily Express on Saturday, shares in Matrix Communications (MXC.L) rose on Friday due to speculation that a deal with Vodafone could be announced within the next few days. Matrix shares nudged up by 4.5p to 237.5p on Monday.

Netcall (NTC) was profiled in the Business, following its recent move into profit, as a result of higher sales and reduced costs. The article explained about the business model and the success of its QueueBuster software for call centre customers. The papers concluded, news that the business model works and the Company is building a market for QueueBuster has seen the shares rise to 20p and “they could go higher. Buy”. The shares stormed higher by 5.25p to 30.25p this morning.

Monday Morning prices above were taken just after 10.30am on 14 February 2005.

Announcements

The following companies, in which City Equities customers may have an interest, released announcements to the market this morning. These can be found by entering the relevant company name or ticker code in the search box on this site.

Accident Exchange (ACE) – Option agreement.

Desire Petroleum (DES) – Issue of Equity.

IMX Maxims (IMX) – Alliance.

Media Square (MSQ) – Holding.

Reflec (REF) – Acquisition.

Regen Therapeutics (RGT) – Research Update.

Telephone Maintenance (TEL) – Placing, contract gain and acquisition.

Look out for this week

Monday, 14 Feb – UK Producer price inflation.

Tuesday, 15 Feb – UK Inflation and Eurozone GDP.

Wednesday, 16 Feb – UK Unemployment and BoE inflation report.

Thursday, 17 Feb – UK Retail sales.

Friday, 18 Feb – US Inflation.

The next Penny Share Review will be posted on Monday, 21 February 2005.

Compiled by Jason Robertson

Penny Shares Online - penny shares research and information service.




Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

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