image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

International Greetings

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.

  • Epic Code:
  • IGR
International Greetings, the largest designer and manufacturer ofprivate label greetings products in the UK, had a superb twenty-oneyear unbroken record of profit growth, and was loved by investorsbecause it  had produced double digit earnings growth every yearsince flotation.  But last year the company suffered a hiccup whenproduction problems hammered its profits.  However, the shares arenow back on an upward trend after the interim results on 4December  showed that it had negotiated the busy pre-Christmasmanufacturing peak without a problem.  This announcement heralds aresumption in earnings growth and the super returns this businessachieved in earlier years. On a forecast PE of 11.9, falling to just10.9 in 20 ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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