22 April 2014: Price Report conference call

Tim's latest conference call was held on 22 April 2014. If you missed it, you can listen to it here.

Before investing you should consider carefully the risks involved, including those described below. If you have any doubt as to suitability or taxation implications, seek independent financial advice.

General - Your capital is at risk when you invest in shares, never risk more than you can afford to lose. Past performance and forecasts are not reliable indicators of future results. There is no guarantee dividends will be paid. Bid/offer spreads, commissions, fees and other charges can reduce returns from investments.

Small cap shares - Shares recommended may be small company shares. These can be relatively illiquid meaning they are hard to trade and can have a large bid/offer spread. If you need to sell soon after you bought, you might get back less that you paid. This makes them riskier than other investments. Small companies may not pay a dividend.

Overseas shares - Some recommendations may be denominated in a currency other than sterling. The return from these may increase or decrease as a result of currency fluctuations. Any dividends will be taxed at source in the country of issue.

Funds - Fund performance relies on the performance of the underlying investments and there is counterparty default risk which could result in a loss not represented by the underlying investment.

Taxation - Profits from share dealing are a form of income and subject to taxation. Tax treatment depends on individual circumstances and may be subject to change in the future.

The Price Report portfolio is not intended to represent the exact price at which you could buy or sell a share. Our reference price is the closing mid-price on the day before the recommendation was published. Sometimes readers will achieve better entry/exit prices; sometimes worse. All gains are gross, and returns will be affected by dividends, dealing costs and taxes.

Editor: Tim Price. Managing Editor: Simon Akroyd. Editors or contributors may have an interest in shares recommended. Information and opinions expressed do not necessarily reflect the views of other editors/contributors of Fleet Street Publications Limited. Full details of our complaints procedure and terms and conditions can be found at www.moneyweek.com

The Price Report is issued by Fleet Street Publications Ltd. Registered office: 8th Floor Friars Bridge Court, 41-45 Blackfriars Road, London SE1 8NZ. Registered in England Company No 1937374. VAT No GB629 7287 94. Fleet Street Publications Ltd is authorised and regulated by the Financial Conduct Authority. FCA No 115234. http://www.fsa.gov.uk/register/home.do.

© 2014 Fleet Street Publications Ltd. All rights reserved.

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