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Fiske

  • BY: Andrew Hore |
  • POSTED: 07/02/2010 |

Aim adviser Fiske returned to profit in the six months to November 2009.

Improved stock market conditions have helped Fiske swing from a loss of £139,000 to a profit of £286,000. Revenues improved from £1.35m to £1.66m. There is cash in the bank of £3.33m.

Management remains cautious about the long-term economy and the interim dividend has been cut from 2.5p a share to 2p a share.

At 69.5p a share, Fiske is valued at £5.86m.

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