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Highbury House

January 2003

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:
  • HHO
Highbury has announced that results for the year to 31 December 2002which are scheduled for release in March are likely to be below broker forecasts but above results reported for 2001.   Whilstthe business publishing side is still experiencing weak advertisingrevenues, the consumer side continues to perform well and isgenerating good revenue growth from both advertising and news-stand sales. Cash generation remains strong. In a separateannouncement, Highbury  has appointed WestLB Panmure as broker,replacing Collins Stewart. WestLB has since published an initiation ofcoverage note with a forecast pretax profit for the year just ended,excluding exceptionals and goodwill amortisation, of at least £9.3m,givi ...

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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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