Updates

Metal Bulletin - Trading ahead of forecasts

February 2005

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.

Metal Bulletin has issued a pre-close trading statement which said that trading has been strong and likely to exceed expectations. Across both the metals and financial markets, circulations have continued to improve and are benefiting from lower costs as users switch to electronic-delivered products. Both these divisions have also seen greater numbers of delegates attending conferences. The financial side has seen a marketing initiative continue to drive record new business and BCA has met its full earn-out payment. Avalon, which was acquired last year, previously operated as a soft-commission business producing equities research but was relaunched in November as a subscription-based product which should throw up a number of cross ...

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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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