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Watkin Jones - Bumper results expected on 9 June from university blocks builder

May 2016

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:
  • WJG
  • Price:
  • 107p
Student digs have come a long way since I was at university 25 years ago, with students now demanding better facilities such as ensuites, internet connectivity, good communal space and security. Founded in 1791 and now run by the ninth generation of the founding family, the subject of this article, Watkin Jones (WJG; 107p), is a property development and construction business that joined AIM last month following a placing at 100p by joint brokers Zeus and Peel Hunt. Its mainstay is building privately provided (as opposed to university provided) purpose-built student accommodation (PBSA) for private commercial operators.The company started out as a carpentry business all those years ago and about a decade ago its mai ...

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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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