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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Vantis - Accountancy and professional services firm acquires major rival

August 2005

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:
  • VTS
  • Price:
  • 156p
We first met Vantis, which provides accountancy, advisory and professional services to SMEs, soon after it floated on AIM back in May 2002, but were put off by its small size and the growing hostility towards this sector, following several high profile problems affecting its larger rivals, Tenon (31p) and Numerica. However, Vantis has not put a foot wrong since then, with its pretax profit increasing from �3.2m to �7.9m in its first two full years ended 31 March 2005. More interesting still is that Vantis has just acquired Numerica for a very keen price, which has provided an excellent platform for it to become one of the largest players outside the Big Four accountancy firms. Vantis, which was formed by the combination of fo ...

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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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