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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Quarto - Bid approach

August 2003

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:
  • QRT
Quarto's shares jumped 17p to 127p after the group announced it had received a bid approach.  The current price gives the business an enterprise value of £46.6m, given that it has net debt of £19.8m. Meanwhile, Quarto's latest annual report, complete with  flashy, reflective front cover suggests the group is in a hurry to boost its profile – and share price – whatever the outcome.  In spite of the 28% gain so far, hold for more. ...

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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.

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