Yes doq, nice one, and don't worry, you weren't the only one to be stung by HBG -only the 2nd time in 15 years ivesting I've lost the lot with little warning.
My selection this year is Management Consultancy Group (MMC), at a current offer price of 42.5p.
This stock is forecast to grow earnings from a consensus 4.9p for Dec 06 to 5.8p for '07 - a growth rate of of 17% giving a prospective PER of 7.2 and PEG of 0.4. Recent results suggest to me they can meet these numbers, though performance across their operations has not been absolutely uniform.
Risks such as high level of exposure to US earnings have been reduced by aquisition of the fast expanding French consultancy group Ineum this year, said to be earnings enhancing in 2007.
A trading statement is expected in Jan., followed by 06 results in March. Eps forecast for 08 should follow shortly and, all being well could be IRO 7p. A forward PE of 12 at some stage during the year (not unreasonable IMO) would double the share price to 84p - all ISAable, reasonably liquid, and with a small divi too.
