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Hitachi Capital - 273p share bid from Japanese parent

May 2007

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:
  • HCU
  • Price:
  • 273p
The shares jumped to their highest level for the year after the company reported that its parent, Japan's Hitachi Capital Corporation, would buy out the 35% of HCUK it does not already own. Under the terms of the deal, HCUK shareholders will receive 265p per share as well as a final dividend of 8p. We tipped the shares last December at 235p but we're happy to lose them at this juncture. Recent trading has been mixed and interest rates are also on the rise which has seen forecasts reduced. Accept the offer. Gain: 16%. ...

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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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