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Zoo Digital - Gain in five months: 433%

December 2017

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:
  • ZOO
  • Price:
  • 52.75p
Shares in Zoo have sky rocketed by 433% since I wrote about them in July at just 9.9p. Latest results show that H1 revenues were US$12.7m, up 63%. Within the mix, Localisation Services more than doubled to c.US$9m while Digital Distribution and Software sales were broadly flat. Costs grew by US$4.6m, and so EBITDA was up by US$0.3m to US$1.3m.Finncap forecasts sales climbing to US$26m for the full year to end March, with an adjusted pretax profit of US$0.2m.The shares are up with events and with working capital still a bit tight, I suspect a placing is on the cards. Sell and bank a gain of 433%. ...

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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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