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Touch Group - Interesting tiddler

December 2004

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:
  • TOU
 Investors have reacted positively to the trading statement issued by AIM-listed Touch (14p) this month. Touch comprises the formerbusiness of Ambient Media, a rag bag investment vehicle which demerged its best subsidiary Moneybox in March, and that history might put you off at first. Under the hand of Tamer Ozmen, a former Priceline executive, who took over in June, the remaining businesses have been refocused into three trading divisions. An unexpected jewel was found in the former content management software which was used to launch an online directories business, Touch Local, in January. From almost a standing start, Touch has 2m businesses listed across its 114local business directory websites. Traffic has also ...

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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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