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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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IDS - Overheads covered by repeat income

May 2002

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:
  • IDG
IDS is the leading provider of equipment leasing software to large US leasing firms, such as Ford and GE Capital.   Its full year results, for the year to 31 December, showed a pretax profit before exceptional costs, of £2.7m on turnover of £35.4m.  Net debt fell to £16m.   Comparisons with 2000 are irrelevantbecause IDS made two substantial acquisitions that year.  Lastyear's  profit was still usefully ahead of expectations whichreflected three factors, including lower interest charges, a higheraverage  value of  contracts signed for the core Infoleasesoftware package ($400,000 each compared to the usual $250,000 -$300,000)  and deferred income being recognised  from an ...

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IDS (October 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.

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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