Nice mention in the SUnday Telegraph today.

NeutraHealth

The dietary supplements sector is growing in popularity as consumers become more health conscious; half the population is estim-ated to take vitamin supplements.

Neutra-Health (11.5p) listed on Aim in February last year as a shell company with the intention of acquiring manufacturers in the dietary supplements industry. The company has already made two acquisitions since its February 2005 flotation and is believed to be talking to potential targets about another deal in the coming months.

Acquisitions to date are BioCare, a -Birmingham-based manufacturer and distributor of natural health products, and Nutrigold, a company that makes products such as the "detox in a box" health treatment.

Neutra-Health's sales are expected to grow from 2.4m last calendar year to 9.3m this year, and profit is expected to grow from 400,000 to 1.6m. The nutraceuticals sector is growing by 10 to 15 per cent a year. Impetus will be added by an aging population - which is more likely to take supplements - and EU laws that make it harder for small companies to compete, meaning that consolidation is inevitable. The company will launch branded travel products into the retail market later this year and has just launched a transactional website for BioCare.

It also has a strong board - non-executive directors include Sir Gulam Noon, the curry entrepreneur, and Martin Gatto, a former finance director of Somerfield, the supermarket group. Buy.

Bear in mind the market capitalisation is a mere 16.65million and estimated turnover 9million - looks good.

Some nice upward price action. Still undervalued though. Biocare is a fantastic business.
Pe ratio extremely modest at present given growth potential.

How does this Look Good? - the sp has halved over the last year . . . in line with Markets generally I might agree, but I thought their sales were increasing....so that would even things out?

Do you have a handle on the Debt position? I understand they bought the Bristol business for Cash and shares......what's the story about Debt?
((These markets hate debt, because the Interest% is not certain and concern Banks could call-in.))

EDIT:17June08...Ah so they are selling one half and buying another - to focus on one aspect alone. This is a good plan for a small business - know your customers, etc. yet the mention supermarkets as existing customers (of the purchase) - yet we know they have great power and squeeze suppliers. . .. . . these are dark days and raising money is still an issue......unless you know different.