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Zattikka

December 2012

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:
  • ZATT
  • Price:
  • 63p
Shares in social gaming firm, Zattikka, took a tumble after announcing that after a period of complex integration of the three acquired businesses, it will report full year sales of $10m to $11m. This is US$2m or so below expectations - although the company says trading more recently has been a record.Hattrick, its football manager game, which had seen player attrition before Zattica acquired it but has turned the corner with Q3 revenues said to be up 47% on Q1 after increased marketing more aggressively. September 2012 delivered the highest monthly revenue bookings since June 2011 whilst operating costs have been reduced through closure of an overseas office and consolidating support in London. The Facebook property has yet to la ...

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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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