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The best stocks to buy since 1993

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Norkom - Gain in five months: 61%

February 2011

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:
  • NORK
  • Price:
  • 175p
Shares in Norkom soared after announcing a recommended cash offer from BAe. The offer is worth Eu2.10 cash (175p) for each share, which values Norkom at Eu217m. BAe already has an established counter fraud software business having bought Detica in 2008 and Norkom is a snug fit with its anti-money laundering software and a global client base in financial services.   A superb bid premium and a fantastic win for us as Norkom was our main recommendation at 109p in the September issue (although they could have been had at 80p by the time that issue landed!). We suggested this was a very biddable proposition when making our case for the shares back then. Take profits! Gain in 5 months: 61%. ...

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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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