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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Maiden - Massively outperfoming rivals

May 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.

  • Epic Code:
  • MDN
Shares in Maiden, the UK's fourth largest outdoor advertiser, have responded well to the group's cautiously optimistic outlook statement, which accompanied  full year results.   Maidenoperates over 32,000 fixed poster  /billboard sites in the threeareas of road, rail and point-of-sale (mostly supermarkets). Incommon with other advertising groups, Maiden has high operational gearing.  This was reflected in the near halving of pretax profit for the year to 31 December from £13m down to £6.7m, with earnings dropping from 21.8p to 10.5p – and this on a like-for-like decline in sales of just 0.8% (but which compares favourably to a 7% fall in the broader display advertising market).   Br ...

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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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