image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

Maiden

November 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
Maiden, the outdoor advertising contractor, has announced resultsfor the six months to June.  In difficult conditions, salesdeclined by 5.1% to £39m, while Maiden’s high operational gearingcharacteristics meant profit fell to £1.4m from £5.3m.  Maiden had previously claimed that an improvement was underway inthe first quarter but, in the event, sales worsened by 17%. However, since then, the trend has been more positive, with growth of2% in the second quarter accelerating to 9% in the third (i.e.July-September).Maiden remains an attractive medium-term prospect for fourreasons.  First, it is the fourth largest outdoor advertisingcontractor in the UK (behind  Clear Channel, Viacom and JC Decaux)a ...

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

Subscribe now

Already a subscriber? Login

Related Articles

Maiden - Better short-term value elsewhere (May 2003)
Maiden - Variable trading (March 2003)
Maiden - Massively outperfoming rivals (May 2002)

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