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OneClickHR - Moving into enterprise solutions

April 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in Bromley-based OneClickHR (6p) looks an attractive speculative bet at current levels. The company has just completed a placing of 48m  shares at 5p, which has raised £2.4m. Not a particularly nice situation for those already shareholders as it represented a mammoth 82% of the previous share capital but not too bad for those coming in now. As part of this process, it tidied up the balance sheet with £1.48m of loan notes also converted into equity at the same price. Established in 1996, OneClickHR’s main revenue  is from the sale of a range of off-the-shelf human resource (HR) and personnel software under the Vizual brand name. The company’s first product was Vizual Personnel, a database f ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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