It trades at a discount to its peers, its cheap at less than 12 times prospective earnings, Investors Chronicle tipped it as one of those shares that you could safely put away for a year and be almost be guaranteed a profit. It will gain from the consolidation of the accountancy profession at the highly fragmented "small" end of the market. Is semi recession proof as it will get increased liquidation fees in an economic downturn, the highly respected Artemis are shareholders and continue to buy. It is up by more than 15% since the new year and the trend is your friend. Nobody will double their money quickly however, by giving it to bean counters.

2517 - you might have a look at INVO. More a debt recovery outfit than pure accountancy, based in Scotland, but check their website and you will see that they are very different from some of those south of the border who have hit big trouble. Moving into corporate recovery and their track record/strong balance sheet (no debt) has encouraged me to have a punt recently at average 90p. Not for widows and orphans, but has a good feel about it to me. Always DYOR.

partridge-----thanks I will take a look, TNO have increased their exposure to the recovery and insolvency sector. Sorry for being off thread, will post on TNO thread in future. Good luck all.
2517