Date: Sunday 15 Apr 2012
Aggreko is a global provider of temporary power solutions in a world that is structurally short of power, writes The Telegraph´s Questor team this Sunday. That means that continuous investment in the amount of power available to hire is key to growth. However, while its net debt has risen by £63m to £428m as a result of investing ahead of the Olympics in the first quarter the amount of megawatt capacity on hire was 22% ahead in its international business. Furthermore, the company can easily invest out of its own cash flows and its balance sheet remains strong. As well, last week’s trading update showed a more positive outlook than Aggreko’s last statement. The international business also has a good bidding pipeline. Because of the upbeat start, consensus forecasts could rise. Every time one thinks the shares have reached a peak, they move higher, Questor points out. Indeed, they have soared by a staggering 385% since the start of 2009. The shares are highly rated, trading on a 2012 multiple of 21.2 times. However, the company is likely to see double-digit returns for some time as it operates in a global bull market. The shares are still a hold, but the firm will no doubt once again show Questor is overcautious.
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| Currency | UK Pounds |
| Share Price | 535.00p |
| Change Today | -12.50p |
| % Change | -2.28 % |
| 52 Week High | 685.00 |
| 52 Week Low | 477.00 |
| Volume | 14,462 |
| Shares Issued | 30.70m |
| Market Cap | £164.26m |
| Beta | 0.50 |
| RiskGrade | 142 |
| Value |
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| Price Trend |
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| Income | ![]() |
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| Growth |
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| Strong Buy | 1 |
| Buy | 1 |
| Neutral | 1 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 3 |

| No dividends found |
| Time | Volume / Share Price |
| 16:40 | 2,000 @ 538.34p |
| 15:36 | 2,500 @ 535.00p |
| 16:35 | 175 @ 535.00p |
| 15:28 | 2,500 @ 537.00p |
| 15:48 | 2,010 @ 540.00p |
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