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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

Tarsus - Business events firm excellent value on PE of just 5.4

June 2009

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:
  • TRS
  • Price:
  • 104p
Given the weakness in global economic activity, Tarsus, which organises major business events across Europe, the US and the Middle East, might not seem the most obvious candidate experiencing strong momentum. However, chief executive Doug Emslie, who we met with over the month, explains that Tarsus operates flagship events across the defence, medical and discount clothing sectors. Emslie notes that as its portfolio is dominated by market leading events, clients dare not pull out for fear of upsetting their customers or alerting rivals to perceived weakness and therefore its rivals operating smaller events are the ones taking the brunt of any cutbacks. As a result, analysts expect Tarsus to increase pretax profit from £10.7m to &pou ...

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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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