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Tikit - Recommended bid from BT at 416p

December 2012

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:
  • TIK
  • Price:
  • 416p
Another month and another Sharewatch favourite to receive a bid approach. This time it was Tikit, which supplies technology solutions and services to legal and accountancy firms. It has received a 416p cash offer from BT, valuing it at £64.2m. Tikit will join a portfolio of six other separately managed businesses within BT Enterprises.We made the shares a main buy at 165p in April '10. Gain to date: 152%. Accept the offer. ...

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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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