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.

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?

Moving nicely up, but patience as been required.

cheers GF.

1.60 would not accept bid if one is around values co to cheap on a 1 to 2 year view.cheers woodie

gf not sure if you have seen todays shares target price is 2 pound over the next 18 months i will be disappointed if it does not reach this price before then.cheers woodie

goldfinger do you still hold,fresh 52 week highs set today,strong vol.any ideas why increase today.cheers woodie

If only there were more companies like this. A good trading statement out this morning. There is bound to be good press comment over the wekend.Look at the graph, this share has more than doubled over the past year.It has been a better bet than the companies with loads of posts on this BB like TAD, HCEG EPO PET etc

BOught this am before seeing this thread. Looking back at results adn charts it would seem a reasonable bet.

fred,uptrend been in place for awhile still growing profits you can sleep easy at nights with this one.if it is a bet only one way it is going at the moment

I can't believe I haven't spotted these before now. What a graph!! I have been in Tops Tiles for some time and got good steady growth from them. At present they are treading water. I think that these will be an excellent substitute. Average of 10% per month will do me fine.

Cheers

B2B