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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Reuters - Director buying could mark low-point

September 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:
  • RTR
After a  long and painful decline to 233p, a  level last seen in 1991, shares in financial information specialist, Reuters (market cap: £4.22 billion) bounced sharply in August when three directors bought shares at between 249p and 283p.  Reuters supplies market terminals, dealing platforms and other related products, which cover most tradable commodities such as equities, financial derivatives, fixed income products and currencies.  Excluding Instinet, its 83% owned electronic securities brokerage, Reuters' core business had sales of £3,042m  in the year ended December 2001. This divided into the four customer segments of: Treasury (16%), comprising foreign exchange and money market professionals; Investment B ...

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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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