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International Brand Licensing - Cash shell to have exciting future in diagnostics

February 2010

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:
  • IBL
  • Price:
  • 19.5p
International Brand Licensing (IBL; 19.5p) has yet to update its website to reflect the fact that it sold its main operating business last year and is now a cash shell that promises an exciting ride for investors. The group's mainstay was, until last year, to act as a conduit for the collection of royalties from the licensing of the Admiral sports brand to suppliers of equipment and clothing. It also had a sideline in cricket replica kits through its sponsorship agreements with the England and Wales Cricket Board and the West Indies Cricket Board. Sometime back in 2004, the group had been alighted on by Adam Reynolds, a financial public relations expert, who became chairman and was probably intended to be used for some kind ...

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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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