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Interactive Prospect Targeting

April 2007

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:
  • IPH
  • Price:
  • 109p
Shares in IPT fell sharply after the company announced results for 2006. These showed turnover growth of 77% to £24.1m after allowing for acquisitions, including the significant French acquisition Directinet for seven months and a full-year contribution from list broker PPS (excluding these underlying organic growth was 32%). Pretax profit lifted 82% to £4.4m. Eps before some accounting adjustments lifted 114% to 9.6p. The main driver of the operating margin improvement in the period (operating margin up from 15% to 20%) was operational gearing with better utilisation of its people (with headcount up from 132 to 228). The French acquisition generated revenue of £4.8m, up 50% on a proforma basis, and £1.2m ...

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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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