image

The best stocks to buy since 1993

Latest issue now available

Dowgate - Very cheap acquisition

February 2007

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:
  • DGT
  • Price:
  • 0.73p
Normally at Sharewatch we do not look at shares trading below a penny. However, in the case of Dowgate (DGT; 0.73p) typical spread 0.68p-0.78p), its days as a penny share appear numbered and we wouldn't be surprised to see management put forward a resolution to consolidate the shares, possibly on a 100-for-one basis, at the next AGM in April. That would reduce the number of shares down dramatically from the 1.1 billion that exist presently and would help change the perception of the business. During the month we met with Tony Rawlinson, chairman, who has been with the business since its inception in 2001 but only took his current role last April. Rawlinson was previously a director of Strand Partners, a corporate advisory firm an ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe