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Tikit - Higher proportion of owned software

August 2011

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:
  • TIK
  • Price:
  • 258p
Tikit has issued an in-line statement. For the six months to 30 June, revenues are expected to be similar to H1 last year but the mix has changed with a higher proportion of owned software making up sales. As a consequence margins and profits are well ahead.Support revenues from the recently acquired Carpe Diem software has also been better than planned whilst Tikit has launched a CRM software product, ClientConnect, aimed at mid sized law firms.Tipped at 165p in April ‘10; strong hold. ...

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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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