30/04/2001
The Gartland Whalley & Barker controlled investment business said although dealflow remains positive at its sole subsidiary TVI, it is currently taking a more cautious approach as a result of the poor performance of the U.S. economy. In common with many other U.S. businesses, TVI has been impacted by the sudden and sharp slowdown in the US economy and, in particular, by lower spending by early stage internet companies. While it intends to build a balance of UK and U.S. businesses in the medium term, e-quisitor's focus will be directed more to the UK. For the period to December 2000, the operating loss stood at £94,000 with a loss per share of 2.41p.
| Market cap: | £9.4m |
| PE Forecast: | n/a |
| Share price: | 210p |
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