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The best stocks to buy since 1993

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Renew Holdings - Chart looks set to move sharply higher

May 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:
  • RNWH
  • Price:
  • 49p
Renew Holdings (RNWH;49p) is probably not a name many subscribers will be familiar with. The business was known as Montpelier until last year and before that, YJ Lovell. Yet the group has a history dating back over 200 years when it was established as a holding company for a number of construction businesses; it then ended up as a bit of a hodge podge business owning a variety of construction and land development businesses. To provide focus, various elements were sold with the crown jewel businesses of YJ Lovell, a social housebuilder, going in 1999, although management subsequently lost the plot when they established an investment business, taking stakes in quoted companies. Some outstanding construction difficulties relating t ...

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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.

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