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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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London Capital - smaller rival to IG Group growing amazingly fast

September 2007

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:
  • LCG
  • Price:
  • 316p
The soaring popularity of spread betting, which has helped IG Group, 322p, to a 42% gain since our tip last October, has also been responsible for smaller rival, London Capital (FT sector: Not listed in FT), putting in a fantastic performance since it floated on AIM at 82p back in December ‘05. London Capital was established in the mid 90s as a proprietary trading business and this legacy side still generates some agency only business dealing with hedge funds. However, the area creating quite a buzz is the provision of financial spread betting products to retail clients under the trading name Capital Spreads. In a market that has mushroomed thanks to the combination of tax breaks and the ability to heavily gear up, London C ...

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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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