Primary Recommendation

Anexo - Higher profile for credit hire firm

October 2018

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.

Established in 1996 by barrister Alan Sellers, Anexo operates in the rapidly growing accident assistance industry. The group provides a replacement vehicle service to motorists in accidents where they are not “at-fault” (for example, if your car is hit whilst you are waiting at the lights). It generally supplies the “impecunious” end of the market supplying small cars and motorbikes to those who cannot afford to pay the upfront cost of hiring their own car. The big benefit to its customers - motorists who find themselves in non-fault accidents - is that the service is free. They are given a replacement vehicle of the same quality as the damaged vehicle (usually within two to four hours, says Sellers) a ...

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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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