Updates

Comino - Encouraging outlook

December 2003

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.

Comino, which provides software solutions to local government and social housing clients, shrugged off the disappointment of large shareholder, Constellation Software, selling its stake, by posting solid interim results and an optimistic take on the company's outlook. In the six months ended 30 September profit before tax increased 29% to Â£0.8m, for earnings up 21% at 4.1p. Cash balances increased from Â£5.2m to Â£6.1m. In Social Housing, Comino continues to enjoy success in upgrading its customer base to its new products, which merges previously separate front and back office tools. Out of its 250 clients, 21 now have its Universal HousingTransaction system and 12 have contact manager, the customer relatio ...

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Fayrewood

TMI Trader Portfolio - December

Comino - Confident enough to spurn suitor (January 2005)

Comino (October 2004)

Comino (August 2004)

Comino (July 2004)

Comino - Buoyant order books for workflow software group (September 2003)

Comino - Constellation builds 5.9% stake (April 2002)

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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