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Growth Portfolio 3 - March 2022

March 2022

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.

My decision to add to GP3’s Menzies holding as intimated in last month’s comment proved lucky, with a bid 5 days after the issue landed. Starting at 460p, then 510p, a third bid at 608p got boardroom approval, a 97% premium on GP3’s average in-price and I was happy to take a quick profit on the second purchase. Normally such a quick win might have been a cue for a bout of chest thumping but we have an awful situation in Ukraine and have entered a new abnormal. Shares have seen disproportionate falls but it compares in no way to the horror inflicted by the Russians on their brother Slavs, forcing many ...

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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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