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Investing in ofex market - would you..........??? (OFEX)     

hawick - 12 Mar 2004 15:13

Invest? If not.........What are your reasons? Lack of liquidity? Fear of a 'different' marketplace? Perhaps you feel wary as you feel you don't yet understand how it works, or your broker is either negative, or doesn't trade Ofex shares.
(Don't worry, most people have never heard of Ofex - perhaps that in itself is a reason!).
Are you then a 'lurker' who'd like to give it a go but aren't sure?

What is it that would convince you to finally give it a go, to buy your first ever ofex share? Or would you never do it?

Do tell! And do ask any questions you have. They don't bite!

hawick - 07 Apr 2005 19:34 - 69 of 69

Interesting to read this thread a year on. Third Eye, suggesting you should buy Britannia at 39p, I was saying GSC at 65.5p made more sense.

Since then britannia had a swingeing profit warning and interims tumbled, but GSC has doubled its indicative nav.

And the shares have reflected the varying fortunes of the two companies albeit in different sectors. GSC now still well below new indicative nav btw. Still worth picking up. On the other hand, Britannia seem to be unable to cope with rising costs, despite an increase in business.

Incidentally unquoted-Analyst who third eye was so pleased at having a buy rating then on britannia have gone to a sell (and there now appears to be a big overhang) - and they have gone from no rating to strong buy on GSC.

Britannia now 28.5p
GSC now 168.5p.

Pleased to say my other two ofex holdings, Vicorp and PHSC are both at all time highs too. I think it proves with the arrival of competitive mms, good stock selection can be rewarded with few of the old risks on ofex!
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