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Metal Bulletin

February 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.

Metal  Bulletin has  issued a  pre-close period update ahead of results for the year ended 31 December 2003 being announced on 29 March. Trading for the year as a whole was in line with expectations across the three divisions; Financial Information, Metals & Minerals Information and Commodities & Energy.  Overall sales are up 4% on 2002 despite the weak currency. The financial information side, which publishes macro-economic research, experienced a strong performance from BCA (Bank Credit Analyst) and triggered a full earnout for the year. Some events deferred during the first half also successfully rescheduled into the second half. The metals & minerals titles have also been helped by ...

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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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