TAKING STOCK

o Wembley, still neglected at 2.5p, should achieve profits of pounds 7.9m this year although exceptionals will leave it with a pounds 1.5m loss, say Smith New Court. It believes profits of pounds 16.6m should be possible next year. With the outlook positive and Wembley having "the ability to generate significantly higher profits from existing assets" the shares are regarded as a buy.

o Watch Airflow Streamlines. It produced a rare kind of profit warning last month when it said the market was underestimating its results. It duly obliged - producing pounds 3.7m against pounds 1m in the previous year. The vehicle body maker seems set for another good year with one stockbroker suggesting at least pounds 4.5m, perhaps pounds 5m. The shares are 242p.