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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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NCC Group - Escrow solutions group makes strong debut

October 2004

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:
  • NCC
One of the most intriguing new issues that we've seen for some time is I.T. firm, NCC Group, which has built up a highly profitable and fast growing business providing escrow solutions, an emerging niche within the disaster recovery industry.  Flying in the face of a dull technology sector, the shares have got off to a good start and currently stand 23p ahead of the 170p at which they floated on 14 July.This performance is hardly surprising with investors clearly mesmerisedby the fact that NCC has increased its operating profit by 270% from £1.3m to £4.8m in the three financial years ended 31 May 2004.   Manchester-based,NCC, was formed in June 1999 through an MBO from The National Computing Centre, one of the UK's ...

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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.

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