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DO POP IN PUB. ALL ARE WELCOME
wheelds - Thu, 01 Jan 04 :
SHARE TIPS FOR THE YEAR AHEAD
Seven Investment Management Justin Urquhart Stewart likes:
Oil and gas companies, although he warns that the continuing weakness of the dollar "is still likely to hold back substantial gains".
"Superscape (Mr Stewart's own personal choice which he describes as an outright punt). The stock, he says, could fly or fall. It specialises in providing '3D' games for mobile phones."
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The big institutions have just, a couple of months ago, quickly and 100% plus taken up Superscape's dis-counted share offer of 29.5p, [the share price fell from 43p to 34p with knowledge of this offer coming up. And the private share holders that took up their right to buy at 29.5p were quickly tempted/panicked into selling at a bid price of 34p; then the bid price went down to /33p/32p/31p/30p/29p/28p/27p/26p, but the low bid price has brought the the offer price down to 28/29p, just below the the big boys buy. So, because of this fact, and the fact that Superscape has recently annouced deals with Disney, Motorola, Siemens, Samsung, Sony Ericsons, and is in partnership with Arm, Symbian and Qualcom etc. [see their website] IMHO. Superscape share price is a very good buy now and the share price is ready to rise quickly before the private investors get their nerve back.
My tip for 2004.
But always do your own checking out.
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