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Hitchens Group - Any research out there on this? (HIT)     

sned - 20 Aug 2007 14:15



This is a recently quoted / listed entity to which I do not have any information. However, seems to have held its own during the "correction" period. Any info out there or recomendations?

RNS 14th Aug 07

"Hitchens Group plc, which provides clearance outlets for surplus stocks of
clothing, footwear, electrical and household goods, is pleased to announce the
admission of its shares to trading on AIM today. The shares will be traded under
the symbol HIT.L.


The Company (previously 'Azurite Investments plc'), a PLUS traded company
established for the purpose of making acquisitions in the retail sector, will
complete its acquisitions of Novabrand Limited and Hot Deals Limited immediately
following Admission ('the Acquisitions'). Novabrand Limited and Hot Deals
Limited provide clearance outlets for clothing, footwear, electrical and
household goods, selling through stores based in prime locations in secondary
towns and through an online auction site respectively."

HARRYCAT - 20 Aug 2007 14:33 - 2 of 2

Have never heard of them, but they seem to be strong up north (a southerner myself). Looks like a 'Stack 'em high, sell 'em cheap' outfit, of which there are already quite a few!


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