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Daily Internet - Son of Iomart

March 2014

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:
  • DAIP
  • Price:
  • 1.88p
On SCSW we have a bit of an aversion to penny shares. Most weeks we get invited by two or three such companies to look at their prospects. We usually take a cursory glance to be polite but almost always decline to go further. Buy-sell spreads are always too high and most of the business plans are on a wing and a prayer. Daily Internet (DAIP; 1.88p) is one of those that looks like it might have something there however. Managing director Abby Hardoon likes to describe Daily Internet as an Iomart (IOM; 259p), albeit an early stage one. He would say that. Iomart has been a successful recommendation for SCSW; the business started off with several data centres, a domain registration business and then began to acquire managed hosting fir ...

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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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