Cape plc is an industrial services business that as divisions in predominantly, building, scaffolding and insulation. It carries its busines out both here and abroad and is slowly but surely regenerating itself into a market leader and throwing off its old boring industrial image.

In a recent trading update on the 22/6/2004 it had several positive points that it announced at its AGM.

The chairman Martin May said,

'I am pleased to report that at the end of the first five months of trading, the
Company is ahead of budget and like-for-like sales show an encouraging increase
year on year.

Sales remain strong across most of the Company's activities with a healthy order
book to the year end in line with normal business expectations. Results from
the Company's offshore business have been particularly strong. Outside the UK,
CIS has experienced a number of accelerated contract start dates during the
first five months of trading and therefore turnover growth is expected to
balance itself during the second half of the year.

CIS continues to enjoy a strong position in most of the markets in which it
operates and since the beginning of the year, has been awarded a number of new
contracts both in the UK and internationally. In the UK, CIS is providing a
range of services on the 'Golden Eye' project offshore at St Fergus and
Mossmorran, and was awarded two three year onshore maintenance contracts for
industrial cleaning services and the provision of scaffolding and access
equipment at 'Didcot A Power Station'.

In the Middle East, CIS has been awarded a $6 million contract with Consolidated
Contractors Company for insulation work at Muscat, strengthening the Company's
leading position as a provider of insulation services in Oman. In Qatar, a
market where CIS has identified a number of new opportunities, CIS was awarded a
three year maintenance contract at Dukhan for Qatar Petroleum. Whilst still
taking advantage of further major project work, CIS continues to grow its
presence in higher-margin maintenance work on scaffolding and insulation
contracts, which now contributes about 60% of profitability in this region. ENDS.

Very encouraging news indeed.

Then if we look back at the last results we find that the company had an excelent trading period and also settled the ongoing litigation it had with the South African and UK shipyards something which in the past held this ones share price back.

FINANCIAL HIGHLIGHTS


Cape Industrial Services turnover(1) up 19.1% to 228.3m (2002: 191.7m)

Cape Industrial Services operating profit(1) up 8.7% to 10m (2002: 9.2m)

Group turnover(1) of 231.9m (2002: 224.8m)

Group operating profit from continuing operations(1) was 3.5m
(2002: 15.6m)

Group operating profit from continuing operations(1)(2) up 32.7% to
7.3m (2002: 5.5m)

Year end net debt reduced to 5.4m (2002: 19.3m)


(1) including its share of continuing joint ventures

(2) before compensation for industrial disease costs of 3.8m (2002: credit
of 10.1m)


OPERATIONAL HIGHLIGHTS

Settlement of South African and UK shipyards asbestos litigation

Group restructuring fundamentally complete

New project wins in UK and Middle East

Key objectives set following strategic review


KEY FUNDIES

.Market cap circa of 55 million

.P/E historic of circa 7.3

.Forward P/E of 6.8

.Gearing approx net cash -5 to -6million

I beleive results to be out late september, buying in now could be very worthwhile.

Please DYOR.


cheers GF.

Up 6p this morning and buyers returning. Is way undervalued.

cheers Gf.

gf looks like it is just you and me that want to make easy money as noone else seems intersted in this stock.cheers woodie

I think they will over the comming weeks woodie. A very good day with some nice volume. Way undervalued.

cheers GF.

52 week high hit today aswell and trading on a historic p/e of just over 7 falling down to concensus broker figure of forward P/E of just over 6.

Excellent value.

cheers GF.

gf its been hitting 52 week highs all this year thats when i topped up,disappointing that it is just me and you after all the trouble you went to,there loss, if you see the threads on this board that are well posted ie epo etq tad are all duff stocks,most are lossing money.expect another leg up when deal is announced.cheers woodie

Poor start to the day Woodie but when due day for results are announced I expect these to motor.

cheers Gf.

gf cant find telephone no for co,was going to ring for date if known for results any ideas.cheers woodie ps not much selling on down day which is positive.

Strong TA wshowing share price above long term and short term moving average.



cheers GF.

gf spoke to co the other day waiting for email with date of results will let you know if it is before rns statement with date.cheers woodie

Many thanks woodie.

cheers Gf

Its about time you got tuned into this one.

By all means leave me and woodie to take the returns.

No bother.

cheers GF.

Up nicely this morning.

Cape PLC
16 September 2004


Cape Plc

16 September 2004

CAPE PLC

NOTICE OF RESULTS

Cape plc, the international industrial services business, will be announcing its
interim results for the six months to 30 June 2004 on Thursday, 23 September
2004.

For further information, please contact:

Bell Pottinger Corporate & Financial

Nick Lambert 020 7861 3232 /
nlambert@bell-pottinger.co.uk


cheers Gf.

gf still have not received email from co poor showing good job share price is not the same.i expect a strong run up.cheers woodie

Well done Woodie.

cheers Gf , lets keep this one quiet.

Cheers GF.

Some big buy volumes for this one today.

cheers GF.

gf just cant understand lack of interest in this one still looks like easy money as i said before when comes back to divi list which i expect in the next year share price should be higher then it is now.cheers woodie

I agree Woodie, m ight be the type that takes off on results this week.

cheers GF.

Starting to attract volume on the run up to results.

cheers GF.

Excelent results from Cape...........................

Cape PLC
23 September 2004

Cape plc

Interim Results for the Six Months Ended 30 June 2004



Highlights

Financial highlights

Group profit before tax 1.7m (2003: loss of 0.1m)
Group operating profit from continuing operations1 up to 1.5m (2003:
0.1m)
Basic earnings per share 2.1p (2003: loss of 0.2p)
Group turnover(1) up 7.1% to 112.9m (2003: 105.4m)
Cape Industrial Services operating profit1 up 5.6% to 3.8m (2003:
3.6m)
Cape Industrial Services performing ahead of budget

Business highlights

Order book remains strong
Significant contract wins in UK and Overseas
Head office costs more than halved


Further information:

Cape Plc
Martin May, Chairman (01924) 876 301

Bell Pottinger Corporate & Financial
Nick Lambert (020) 7861 3936 / (07811) 358 764


cheers Gf.

Another 4p today,this share never really looks back.Is there any truth in the whisper that there is a bid out there at 160p?