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Secondary Recommendation

Renova - Renewable auto fuel firm with big growth plans

April 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • RVA
  • Price:
  • 188p
In a highly symbolic move, US President George Bush recently acknowledged that America needed to find ways of reducing its reliance on politically unstable oil imports and home grown alternative energy sources are now being given serious credence. One company very much in the right place at the right time is US-based Renova Energy, which produces and markets ethanol, a widely accepted renewable auto fuel sold in America as a cost effective and ecofriendly additive to petrol. Given the immense lobbying power of the refuseniks within the oil industry, critics are understandably sceptical that the US will ever adopt alternative energy sources in a big way. That said, readers may be surprised to learn that the motor industry already c ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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