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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Finsbury Food Group - The next Inter Link Foods?

October 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.

One of the most successful shares in the food producers sector has been cake and pastry maker, Inter Link Foods, 400p, (market cap: £38m) which, through a series of astute acquisitions, has grown its pretax profit twenty five fold to £3m and earnings fourteen fold to 34.1p in the six years ended 30 April 2003.  Following in Inter Link's footsteps is Finsbury Food, a relative minnow with a market value of just £14.8m, which has a similar aim of building a substantial food business through a "Buy and Build" strategy.  Finsbury has alreadypulled off several astute deals and its confident share price performance is drawing comparisons with Inter Link's own explosive run. FinsburyFood was born out of cash shell Meg ...

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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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