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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Omega International - Fast growing kitchen manufacturer

June 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Omega International, the fast growing manufacturer of branded kitchens and related accessories floated on AIM on 13 April.   At first glance such a business might not set the pulse racing, but a closer look reveals many of the qualities that should make for a powerful share price performance. Since it was founded in 1992 Omega has emerged  from nowhere to become a top twenty manufacturer, in the last three years alone operating profit hasincreased 260% to £2.9m - and this without the benefit of any acquisitions.  Following our meeting with management, including chief executive, Francis Galvin, we believe this performance is just a taster of things to come, particularly given that Omega still only ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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