Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Speculative Buy Management Resource Solutions

By Gary Newman

7 January 2015 05:39

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Human capital resource consultancy is far removed from my usual investment area of oil and mining companies! But fellow ShareProphets contributor, Doc Holiday, got my interest when he mentioned a small company called Management Resource Solutions (MRS) that had recently listed on AIM and which was in this business.

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Comments

wildrides

7 January 2015, 16:31

Its an Australian lobster pot ! you will never get out ! Why did it not list in the land of back pack murderers , large hoppy car destroyers and prehistoric biting things fit only for handbags?

I know ………. you could not give a castlemaine xxxx …………. but beware a shareholder with just under 50% They will suck you in like a black hole in space .
Gary Newman

8 January 2015, 05:54

Wildrides,
I have it as highly speculative and not one to risk any larger amount in. I can see upside though if growth continues to be good, and the update which is due in the next few weeks is well received by the market – obviously if it isn’t then the lack of liquidity will mean that it can fall just as fast (which I have warned about as well). I have a tiny position, as I mentioned and declared, and it isn’t intended as a trade (not a share to be trading as generally little or no volume). Obviously some are far more ‘enthusiastic’ about it than I am but I don’t share some of those unrealistic expectations, and have also pointed out that although it may well pay a dividend, currently that would be tiny! From my experience of a lot of those that are listed on the ASX and then dual list on AIM it would hardly have inspired me with confidence had it been listed in Oz…