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Sharegods 2006 nap

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Mach10 - Sat, 31 Dec 05 :

Interesting picks there SG. Can i join you with two initially? My first pick is
DWSN- Dawson International at 8.5p. Got to be a good recovery play. Pension deficit is main worry but a second drag on the SP high premium loan notes have been paid off (early!) as promised by the management. A Director took 50 grand worth of shares instead of cash which is a vote of confidence. Possible buy-out on the cards as well IMO and a 25% upside easily achievable.
The second is Prov- Proventec- at around 10.5p. It is going to spin off one of its investments this year and recently got off a placing at 14.5p when the SP stood at 9.5p. If that isn't a vote of confidence I don't know what is! Again I expect 25% gain by March with little downside.


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