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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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NCC - Shares hit all-time high

August 2010

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.

  • Epic Code:
  • NCC
  • Price:
  • 445p
Shares in escrow solutions firm NCC hit an all-time high after the company posted a strong set of results. Pretax profit increased by  18% to £14.5m on turnover ahead 15% to almost £54m for the year to 31 May. The core escrow side increased profits by 14% to £13.3m on revenues up 10% to £23m. Recurring revenues from customer renewals increased 7% to £14.6m, with renewal rates high at over 88%. Meanwhile, the Assurance division (systems testing and security) grew profit 13% to £4m on turnover that rose 19% to almost £31m. Going forward this side will benefit from the acquisition in April of smaller rival SDLC, which has integrated well. The outlook is encouraging with over £35m of orders and renewals fore ...

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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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