Wednesday August 24, 2016
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Labour scoundrel Tessa Jowell blames Brexit for future Olympic failure - what a silly woman
Tom Winnifrith Postcard - the Olympics have NOT made Britain Great again, you are being conned with your own cash

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Printing.com Results: Buy for 8% yield?

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- Tom Winnifrith

I originally recommended shares in AIM-listed printing company Printing.com (PDC) in February 2008 at 42p on t1ps.com, the website I founded 12 years ago and left this September. It has subsequently paid out 16p per share in dividends ( with another 1.05p pending) but with its key markets in the UK, Ireland and continental Europe facing difficult economic times, the shares currently trade at 32p. Overall we are thus just under 15% ahead on this one after four and a half years. Not great but no disgrace. The company has today released results for the six months ended 30th September 2012 and in the following I review these and what they say about the current investment case.

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