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Expomedia

February 2006

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:
  • EXP
  • Price:
  • 120p
The shares fell 25p following the tragedy in the southern Polish city of Katowice where a roof collapsed at Expomedia’s exhibition centre after a week of heavy snowfall, killing 67. Expomedia owns 51% of the centre with other shareholders including the City of Katowice and the Polish State Treasury. It is not certain how many of this year’s exhibitions will be relocated and meanwhile the company is assessing its insurance. We tipped the shares in April ‘05 at a time when Expomedia had just two venues, both in Poland. A number of smaller venues have since opened but this is an unfortunate distraction. It’ll bounce back but we’re a bit impatient. We are dropping upda ...

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Expomedia - Telegraaf takes 10% stake (July 2005)
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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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