Personal and undiluted views
Town Centre Securities

3366 days ago

Town Centre Securities – A good share tip but how good?

I recommended shares in Town Centre Securities (LSE:TCSC) – a Leeds-based northern property investor and developer – in April 2010 at 148.75p on the site I founded 12 years ago and ran until this September. The company has since paid out 20.88p in dividends and the shares currently trade at 184p – so this has been a pretty decent share tip for those who followed my advice. Results for the company’s year ended 30th June 2012 were released last month and in light of that I wonder if it really is still a red hot penny share or if it is time to take profits.