image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Primary Recommendation

TBI - Vinci poised to rebid

August 2002

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:
  • TBI
TBI, the owner of Luton, Belfast and Cardiff City airports,  seemed an unlikely candidate for a fast recovery after 11 September, but growth in passengers from low cost airlines like Easyjet  continues to plug a gap left from the decline in charter and scheduled traffic.  This is the reason why TBI's passenger numbers still grew 4% in the year ended March 2002.   But the short termreason for buying the shares is the anticipation of a bidding war forTBI. Airport construction group, Vinci, had offered 90p a share lastSeptember before  the terrorist atrocities caused it to walkaway.  Stock Exchange rules forbid Vinci from making anotherhostile bid within 12 months of the original offer lapsing, but ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

TBI - Vinci could rebid from 25 September (September 2002)

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

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe

SUBSCRIBE NOW