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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Xchanging

December 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:
  • XCH
  • Price:
  • 120p
Xchanging's trading update for the period from 1 July to 1 November noted that revenues and profits are in line with current expectations, while the net cash position at the end of Q3 was slightly ahead of that at the end of the half-year. It also remains on track to deliver the savings identified for 2010 including the restructuring of the UK and Continental Europe businesses. Although it is cautious on the outlook, noting pressure on activity levels due to economic conditions, it recently signed a five-year contract in the UK to provide network management services to Gatwick Airport Ltd. Since our last update the shares traded above 145p for two trading days and based on our previous recommenda ...

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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