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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Craneware

November 2012

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:
  • CRW
  • Price:
  • 427p
Although we introduced a stop-loss of 263p in August the shares bounced back sharply by 144p to 427p in the last two months. The catalyst was a more upbeat outlook that accompanied its final results. These showed pretax profit rising 16% to US$10.8m, with eps increasing 23% to 31.6 cents. Cash at year end was US$28.8m (2011: US$24.2m).Craneware supplies billing and auditing software to US hospitals to improve their financial performance and prevent them getting fined or worse by Medicare Recovery Auditors for making over or under payments. Demand should be roaring given President Obama's commitments to provide health care for all while annual healthcare expenditure, which currently exceeds US$3 trillion, is expected to increase to ...

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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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