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Interlink Foods

November 2004

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:
  • ITF
  • Price:
  • 562.5p
With the shares hitting a new high, Interlink announced it has conditionally placed 1.65m new shares at 515p to raise £8.5m before expenses. Interlink also re-echoed that its sales performance in the first four months had been strong with product launches and new listings continuing at a high level.   It also reported that Mr Kipling’s owners have made a decision to withdrawn from the supermarket own-label business which has left the market wide open for Interlink, an opportunity worth £30m. Interlink is therefore raising funds to put in place new bakery capacity and presumably also to buy existing facilities.Keep holding. ...

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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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