Primary Recommendation

New Britain Palm Oil - Exciting new issue in red-hot palm oil sector

February 2008

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 idea that a new issue floating in the middle of the credit crunchcould quickly soar to a 94% premium would seem barmy to most people butthatâ€™s exactly whatâ€™s happened to shares in New Britain Palm Oil, alarge palm oil producer based in Papua New Guinea. The company, whichwas introduced by Kaupthing, Singer & Friedlander to the full listat 250p a share, in a placing which raised Â£62.5m new money beforeexpenses, has risen fast as investors note the seemingly unstoppablesurge in palm oil prices. This, plus the fact that New Britain hasachieved large increases in its planted area, explains how its profitafter tax has surged from US$19.1m to US$47.8m in the year ended 31December 2006, while it has already made US$56.7m in the first ...

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New Britain Palm Oil (October 2012)

New Britain Palm Oil (April 2012)

New Britain Palm Oil - Shares oversold on 2012 PE of 8.6 (November 2011)

New Britain Palm Oil - Explosive growth from PNG palm oil grower (August 2011)

New Britain Palm Oil - Very strong growth expected from store expansion (July 2011)

New Britain Palm Oil - Gain to date: 153% (April 2011)

New Britain Palm Oil (November 2010)

New Britain Palm Oil - Acquisition transforms prospects for palm oil producer (April 2010)

New Britain Palm Oil - High quality palm oil producer looks good value again (December 2009)

New Britain Palm Oil (September 2008)

New Britain Palm Oil - First major acquisition since float (July 2008)

New Britain Palm Oil - Broker initiates coverage with 800p price target (April 2008)

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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