image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates and Ideas

Abacus Group - Non-economic driver to profit growth

June 2006

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:
  • ABU
  • Price:
  • 165p
Despite the stockmarket sell off through May, shares in electronic component distributor Abacus Group (ABU; 165p) barely flinched. There’s an old adage that if they don’t want to go down then eventually they will go up and the group’s latest results announced on 31 May provide plenty of reasons to expect this to happen. The rating is not expensive but the perceived quality of Abacus’ business has been overshadowed by two things. First, the spluttering nature of the recovery in the semiconductor market since the dotcom bubble when chips were at the heart of the internet and telecoms revolution and profitability for all the main distributors ballooned. Second, investors have painful memories of that boom that turned to bust ...

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

Subscribe now

Already a subscriber? Login

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 £40 WITH OFFER CODE 40OFFSCSW

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

SUBSCRIBE NOW