11 February 2012

Turpin takes Aim highway

01/06/2004

Colourful character Carl Turpin has finally steered house builder Oakdene Homes onto Aim with a £5 million placing. The South East home builder moved up from Ofex with a Seymour Pierce-steered placing priced at 110p.

Chief executive Turpin has an interesting business history – several joint-venture companies he was involved with in the 1990s were either put into receivership or voluntary liquidation. He insists this was due to a falling out with a long-term business partner. But that's all history. The extremely profitable Oakdene recently waltzed off with the OFEX Company of the Year award at the Growth Company Awards. And Oakdene has lifted profits every year since formation in 1998, and doubled pre-tax profits in each of the last three financial years. The year to December saw record sales of £12 million and a £3 million profit.

Sector: Construction & Materials

Companies: Oakdene Homes

Subscribe today


Subscribe today and save 50%. Receive company watch recommendations and extensive company profile tips, released two months ahead of the market.

Sign up here

Spread Trading. New from Halifax Share Dealing

£100 credit when you open five trades within 60 days – terms apply. Spread Trading is not for everyone please ensure you understand the risks as you may lose more than your initial deposit. Click here for more information.

Institutional Investors in AIM 2011 - New Report

This unique study analyses the shareholdings of companies listed on AIM, extracting trends including rankings of the value and number of their investments.
Please click here to order your copy of the report or call 0207 250 7056.

Coverage of AIM, techMARK and PLUS Markets

Informative features and research on fast-growing companies, small-cap and growth stocks, penny shares, stock market tips and share recommendations, directors' dealings, company news and analysis, new issues and upcoming IPOs.

If you're interested in business tax updates visit our specialist tax guide website.

Growth Company Features, Research and Analysis

In-depth coverage of selected AIM companies within the small-cap and fast growing company sector including AIM and PLUS Markets shares and listed stocks. Company research and analysis from GCI analysts updated daily.

Popular Features

Latest Features

Christmas Stock picks: Vp 22/12/2011

Benefits of past investment will benefit Vp, suggests Les Copeland

Tags: Christmas picks, GCI stock picks, Leslie Copeland, Support services, Vp

Companies: VP

Christmas Stock picks: Optos 22/12/2011

Keep an eye on Optos, suggests Robert Tyerman

Tags: Annual pre- tax profits, Fully listed company, Increased turnover

Companies: Optos

Christmas Stock picks: Global Energy Development 22/12/2011

Production boost should help Global Energy Development gush, argues Miles Nolan

Tags: AIM market, Largest 2P reserves, Miles Nolan

Companies: Global Energy Development

More Features

Sectors