Article Abstract:
AAF Industries acquired Premier, which makes modular buildings, in 1989, and this led to problems due to Premier's losses. AAF Industries reported a loss for 1995, but the company returned to profit in 2nd half 1995, prior to exceptionals, mainly relating to Stamford Pickard. The company is left with two businesses, Premier Transline, involved in hire and production of pre-fab cabins, and Formscaff, involved in scaffolding. The cabin side is improving, but the scaffolding market is more difficult. The company's shares have a recovery value in May 1996.
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Article Abstract:
Titon is a UK company producing ventilators for windows and fittings for doors, The company is benefiting from new building regulations on ventilation and Titon holds a stake of more than 50% in the UK market. Titon also has an operation in the US which is not large but which brings in a profit. The company should see a rise in profit of a minimum of 20% in 1996. Titon is switching from the unlisted securities market in Jan 1996 to a full listing.
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Article Abstract:
Powerscreen is a construction equipment and quarrying concern which has successfully launched a mobile screening device for quarries. The company uses labor on a sub-contracting basis which helps cut the cost of labor. Independent distributors are also used. The company has strengths in research and development following acquisitions. The company has good growth prospects and its shares represent good value for investors in Dec 1995.
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