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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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NCC

September 2013

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
  • Price:
  • 128p
After flirting with our stop-loss the shares bounced after full year results achieved revised forecasts, with group revenues increasing 13% to £99.2m while pretax profit increased 2% to £23m. Eps rose 7% to 8.4p. The core software escrow side grew revenue 2% to £28.5m, while profits increased 3% to £16.7m. 81% of profits came from the UK, with the balance from the US and mainland Europe. Encouragingly, NCC is “starting to see an upturn as the IT sector appears to be seeing a slight improvement in the UKâ€. NCC's Assurance division, which provides security testing, audit & compliance and web performance, achieved 10% organic growth excluding two acquisitions, while operating profit rose 17% to £12m with growth bei ...

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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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