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The best stocks to buy since 1993

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James Fisher

July 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:
  • FSJ
  • Price:
  • 422p
The shares bounced sharply after Fisher sold mt Supremity, a 4,426 dwt clean petroleum product tanker, for US$10.9m - this is not at any old distressedprice because the sale is a profit over book value of £0.3m - and now means contract capacity for the Tankships division is more in line with current levels of demand. Separately, Fisher also sold-and-leased-back a Norwegian property for £17.8m, around book value and equating to a 7% yield. The money will reduce bank debt. Both excellent developments. Strong hold. ...

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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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