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Insolvency sector benefits from COVID-19

August 2020

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.

Helped by the latest government stimulus, Wetherspoons has dubbed Chancellor Rishi Sunak a “legend” and launched a Dishy Rishi cut price menu (a pint of bitter is 50p off at 129p after the VAT cut from 20% to 5% for hospitality businesses). House buyers are also happy with the stamp duty cut and new car salesmen are reporting a surge in orders from company directors using their bounce back loans as down payments on new luxury cars. Meanwhile, Sunak’s grey tracksuit selfie on Twitter seems to have turned him into some kind of thinking woman’s crumpet; not necessarily because he’s ‘sexy’ but because he represents ‘hope’ - and hope is sexy. Yet despite the unprecedented level ...

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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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