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Wilmington - 9.4p forecast introduced for next year

March 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.

A new share price high following results for the six months to 31 December, the seasonally quieter half. Turnover was up slightly at £37.5m, despite the closure of non-core titles in the previous year.  Pretax profit was up 5% to £3.55m and earnings rose 11% to 2.7p.Those subscribers who have yet to buy the shares may think that Wilmington is a boring choice as a growth share investment. But  Wilmington has a number of attractive investment characteristics. It has strong (and in a number of cases market leading) positions as well as visible, long term earnings streams and enjoys a high level of repeat business. The case for buying/holding the shares is twofold. First, as the advertising market recovers ...

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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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