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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Character Group

August 2004

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.

Character has announced that its subsidiary, WWL, has signed anagreement with Petters Consumer Brands, to market and distribute its range of digital cameras and other digital products acrossthe USA.  This agreement is an encouraging development forCharacter, which believes there is a potential $100m a year market inthe US for its digital range. The shares initially responded well buthave drifted recently, with the prospective PE, based on forecasts of8.2p for this year, dropping back into single figures.  If thechart wasn’t so poor we would have suggested buying at these levels. Hold for now. ...

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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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