On a lighter note I feel it only fair that I point out the SIGNIFICANT risks of holding Clarkson shares.
1. If held for at least 1 year there is significant risk that you will DOUBLE your money.
2. There is a very high risk that the full year dividend will be 18p to 20p for a yield of 4%.
3. As Clarkson have plenty of cash and some of this years business will be collected in 2004
"Futures
The futures broking division has concluded record levels of new business, a
significant proportion of which is collectable beyond 2003. This division
receives a broking commission for arranging forward freight agreements between
third parties seeking to cover their forward positions."
I feel there may be a SIGNIFICANT risk of a special dividend sometime in 2004.
So be warned that holding Clarkson shares may SIGNIFICANTLY improve your wealth.
A happy new year to all
krs
PS in the comment above I have used a word several times which will form a significant part of an upcoming trading statement...guess which word