image

The best stocks to buy since 1993

Latest issue now available

Kingston Communications (Hull) - Cash outflow starts to decline

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.

• On a prospective PE of 20 for 2005, the first year when it is expected to make meaningful profits, alternative telecommunications operator, Kingston Communications (65p) is not a cheap share and will therefore continue to be volatile. But the strong underlying profitability of its core business, Kingston Communications, the local incumbent telecoms business in Hull with a virtual monopoly serving SME and residential customers is being obscured by losses in its two other businesses, InBusiness and  Inmedia . Kingston operates the UK's only municipally owned telecommunications business, the incumbent operator which has existed since 1904 and operates a  network of 264,000 lines in Hull and the surrounding ...

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

Subscribe now

Already a subscriber? Login

Related Articles

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