I timed my original (June 2007) recommendation of shares in international recruitment group Empresaria (LSE:EMR) badly. This tip, at 169p has been an unmitigated failure and for that I apologise. The macro economic backdrop has not helped but there have also been clear company specific issues. The shares have recovered somewhat from late 2011 lows of 17.5p to currently trade at 23p – capitalising the company at £10.25 million. Last month the company announced results for the first six months of calender2012. Is it time to call it a day? I think not and here is why.
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