Updates

Quindell Portfolio - Mercurial share price rise continues

December 2012

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.

An all time high of 17p for the shares after the usual deluge of announcements. The key one was that following on from last month's placing, which raised Â£26.5m,QPP has placed a further 153.8m new shares at 13p to raise a further Â£20m with an institutional investor (unnamed but over 3%?- Editor). QPP said it has also received approval to extend its bank facilities by Â£13m to Â£65m.Tipped around the 6-7p level, hold for further gains and raise stop-loss to 14p. ...

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GB Group

Renold

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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.

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