Updates

Blancco Technology

August 2016

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.

The shares shot ahead after the pre-close update said sales for the year ended June increased by 49% (34% organic). Contributing to this performance were several large live environment erasure contracts and also growth in North America where the Xcaliber diagnostics business is rolling out its contract for its smartphone performance diagnostics test stations, which has now been installed at 4,000 AT&T stores (60% of total).Blancco has also expanded geographically from 10 to 16 offices with new sales offices opened in Middle East & North Africa, Benelux, India and China whilst two minorities who previously operated as resellers in other countries have been acquired (leaving only Japan as an outstanding biggie).Bl ...

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On The Beach

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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.

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