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SHL

November 2003

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.

SHL has announced that revenues for the three months to 30 Septemberwere 6% lower than the previous year, continuing the trend seen in the quarter to 30 June.  September is a key  trading period but SHL said it remains confident that the action that has been taken to deliver increased return on sales will ensure that full year profit is in line with current expectations. In a very strong recruitment sector these still look distinctly undervalued. Buy. ...

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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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