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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Landround

December 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:
  • LDR
On 3 October, shares in Landround, the voucher-based travelpromotions specialist, soared 24p to 121.5p, after the companyannounced that full year profits for the financial  year endedSeptember 2002, would "exceed market expectations." In the backdrop ofthe worst advertising and marketing recession for a generation this isan impressive performance by Landround, fully justifying our decisionto make it a New Year NAP for 2002 at 124p.  Broker, Evolution Beeson Gregory, has  since increased theirpretax profit forecast for 2002 from £0.6m to £0.85m (earnings up from7.8p to 11p), while for 2003 they are also upgrading from £1m and 13pto  £1.1m and 14.3p.  The broker believes that the key drivers of th ...

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Landround - Gain to date: 228% (January 2004)
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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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