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Impellam - Shares rise £1 over the month

April 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:
  • IPEL
  • Price:
  • 373p
Impellam has climbed by almost £1 since last month’s tip when we called them C-H-E-A-P. Rumours that the company may pick up the business of troubled Healthcare Locums (HLO.L), whose shares have been suspended since January after accounting irregularities were discovered, has helped. One analyst was recently quoted by Reuters as saying the correct price would be £10 – if only British peer Michael Ashcroft didn’t hold such a chunky stake. Strong hold / buy. ...

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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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