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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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My Trave & First Choice

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.

The  extreme financial difficulties of the UK’s largest touroperator, MyTravel,  could prove to be a major boost for FirstChoice, MyTravel’s only quoted rival.  Experienced investors mayrecall that after the last high profile failure, of ILG (Intasun) inFebruary 1991, shares in  MyTravel (then known as Airtours) rosefive times within the next 12 months  while First Choice(then  known as Owners Abroad) also quadrupled over the next fewyears as the reduced competition cleared the way for the survivors toenjoy unusually high levels of profitability.  Although we don’texpect those kind of returns  again there could still besubstantial opportunities.  The UK package tour industry isnotoriousl ...

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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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