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2005 NAPS - Seven shares for the New Year

January 2005

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.

Each January over the past 12 years we have provided subscriberswith a shortlist of potential stars for the year ahead. In the January2004 issue, we picked five special situations. It turned  out tobe a  tougher year to make money than 2003. The selection showed agood performance early on, with a peak-to-high gain of 42%, but thenlost its gains as the year went on. The average gain for all fivestocks, using the latest price, or in the case of Cenes the price atwhich we sold, at the year end dropped to 8%.That compares to the 2003NAPS  when the year end gain was 133%but which have continued toperform and currently show a gain of 221%. Of course, like every year,most selections are made from previously featured companies and ...

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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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