Re-Born Companies.16 Jun 2009 17:01
There is nothing like an out of favour company that re-invents itself. Those companies that have been former stars but are now down on their luck, but have a viable business model and a strong management team in support, and overlooked by the "City" which given a fresh load of funding via a secondary offering. A previous sale of loss making subsidiaries, a secondary offering putting cash in the bank and an active go-getting nomad, these ingredients can transform an otherwise moribund company overnight. Needless to say, there are such companies doing just that, they will transform the fortunes of loyal investors overnight, but be savvy, search them out, they are there quietly putting the building blocks in place. A few have popped up on the "hotties"