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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Aggressive value investors buy into former £1 billion companies

January 2003

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.

At first glance Amey, Mytravel and the Big Food group appear to havelittle in common.  But all  of them once sported a marketvalue of over £1 billion, all have had  trading and/or accountingsetbacks, but all have risen recently as a number of aggressive activevalue investors have bought stock. Support services group, Amey (28.5p), has been hit by a combination of accounting issues, adifficult trading environment and delays to the closure of keycontracts which sent the shares spiralling to a low of 23.5p. Then persistent buying from   Meditor Investment Management,a value fund bankrolled by George Soros, (which holds 14.74%) andSterling Investments, the veh ...

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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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