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Penny Share Review 207
Monday 27 October 2003
There's very little coverage of the small cap companies in the weekend's paper, so much so that it is only news of the suspension of Staffing Ventures (STF) in Saturday's Independent that we can report. The suspension came, as the Company announced that it was close to securing an acquisition, which will be classed as a reverse takeover.
Today's Announcements
The following companies, in which City Equities customers may have an interest, released announcements to the market this morning. These can be found by entering the relevant company name or ticker code in the search box on this site.
CMS Webview (CWV.L) - Change of Adviser.
Hereward Ventures (HEV.L) - Acquisition.
Pacific Media (PCM) - Disposal.
Virotec International (VTI) - Annual Report and Notice of AGM.
Look Out For This Week
October 27, Monday - 10 Group AGM, UK BBA mortgage lending.
October 28, Tuesday - Bristol & West Investments (I), US FOMC (central bank) announcement.
October 29, Wednesday - UK consumer credit and mortgages.
October 30, Thursday - UK GFK consumer confidence (Oct), US GDP (Q3).
October 31, Friday - Eurozone CPI inflation (Oct).
The next Penny Share Review will be posted on Monday, 3 November 2003.
Compiled by A McLintock
Penny Shares Online - penny shares research and information service.
There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.
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