media stock

4386 days ago

Centaur Media – Time to bank a gain? Or More to come?

I originally recommended shares in UK-focused business information, events and marketing services group, Centaur Media (LSE:CAU) in October 2009 at 44p on t1ps.com – the website I founded in my bedroom and edited until September 2012 ( delivering an average gain per share tip of 42.7%). But Centaur has been a rocky road – with the shares hitting highs of 73p in early 2011 then, as the UK economic environment bleakened, falling to lows of 28.5p in June of this year. Currently trading at 50.75p, in the following article I review the company’s results for its year ended 30th June 2012 – which were released on September 13th – and take a fresh look at the investment case. Is this a red hot penny share or have we run our course?

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