Good news from Fiske Plc today (February 19th), of which I am a director, in a nice little article in the newspaper of record for the capital, and the daily read on the way home to those who still work in ‘The City’ of London, the Evening Standard. Despite the good half-year results, my father Clive’s quote is as judicious as ever.
AIM-LISTED Fiske, which is one of the City’s few remaining independent stockbroking and investment managers, said its results for the six months to November 30 showed continued improvement after its operating loss narrowed to £21,000. Total revenues of £2.8 million were an 11% increase on a year earlier, with investment management fees up 14%. Chairman Clive Fiske Harrison said the company retained a “healthy degree of caution regarding the immediate outlook for markets“. Shares rose 5p to 70p.