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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hornby - Model railways group to benefit from London Olympics

October 2011

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:
  • HRN
  • Price:
  • 126p
In line with many retailers Hornby, a grand old name in model railways, has had its share of setbacks in the past year, the more obvious one being the snowy build-up to last Christmas, while it also had to contend with stock shortages due to difficulties with its main supplier. However, Hornby is now a more well-rounded company than in days of yore, having acquired other top hobby brands such as Airfix and Scalextric and with next summer's London Olympics looming large in the calendar, the company has won some lucrative licences to avail of the raft of merchandising opportunities that go with such high profile events. In light of this, brokers have adjusted their forecasts upwards and the expectation is that Hornby will enjoy a terrific ...

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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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