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The best stocks to buy since 1993

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XP Power - Unmarried but not unloved

July 2024

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:
  • XPP
  • Price:
  • 1476p
Advanced Energy Industries (US: AEIS; US$109) has decided not to make a formal offer for XP Power after XPP’s board last month rejected an indicative bid of 1,950p per share. The board stated that the £486m bid “fundamentally undervalues the company and its prospects.” It seems rather bold for XPP to reject the offer, given its extraordinary premium, but this can only mean one thing: trading has improved to such an extent that the shares are likely to go much higher than 1950p. Continue to buy. ...

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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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