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Naps for 2003

January 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.

Each January over the past decade we have provided subscribers with a shortlist of potential stars. Our best year was 1999 when we averaged266% helped by Baltimore rising 40-fold. In 2002, we  performed badly with an average fall of 23%, not helped by  a total write off on Health Clinic which ran into cashflow problems. For 2003, we have picked five special situations and expect a good performance even in a tricky market. • Trading in London-based independent gas exploration and production group Regal Petroleum startedin September following a placing by Evolution Beeson Gregory of 16.7m new shares at 60p which raised £8.8m net for the company. If forecasts are anything to go 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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