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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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IDS

October 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, which provides equipment leasing software to over half of thetop 100 US leasing firms, has issued results slightly ahead offorecasts.  However, the market took fright at its comments thatpotential new  customers were delaying decisions to purchase newlicenses, sending the shares to a record low.  Profit for the six months to 30 June, before interest, tax, goodwilland £0.35m of exceptional costs, was £0.5m, on unchanged turnover of£16m.  This represents an improvement from the £1.2m loss thistime last year, reflecting the huge cost-cutting program initiatedthen.  The exceptional item related to the closure of IDS’struggling Boston office, which sells wholesale finance software.IDS has a ve ...

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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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