Primary Recommendation

First Derivatives - Beneficiary of Big Data phenomenon in financial markets

February 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.

With stock markets around the world rallying in the New Year and trading volumes growing, one company, which looks irresistible, is First Derivatives, a supplier of specialised IT consulting services and software to banks. We first tipped the shares at 260p in March 2010 and although they have doubled since, we think the best is yet to come.One easy way to grasp the opportunity faced by the company is to look at the almost exponential growth in stockmarket trading volumes in recent years. The relentless use by hedge funds of algorithms to trade means that the number of actual trades transacted by real humans is only a small fraction of a day's total trading volume. At the same time, investors have found more and more ways to p ...

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Entertainment One - Update due in February to trigger rerating

Dunelm

First Derivatives (February 2018)

First Derivatives (December 2017)

First Derivatives (December 2016)

First Derivatives - Shares go over £20; gain 702% (June 2016)

First Derivatives - Shares go to a new high (May 2016)

First Derivatives - Becoming a Big Data specialist (December 2015)

First Derivatives (November 2015)

First Derivatives - Software run rate of £37m-£39m (July 2015)

First Derivatives (May 2015)

First Derivatives (March 2015)

First Derivatives (December 2014)

First Derivatives - Acquires Kdb+ database (November 2014)

First Derivatives (June 2014)

First Derivatives - Collaboration agreement with Pivotal (May 2014)

First Derivatives - Big Data firm goes into orbit (December 2013)

First Derivatives (July 2013)

First Derivatives (December 2012)

First Derivatives (October 2012)

First Derivatives - Software side sales up 40% (November 2011)

First Derivatives - Foreign exchange trades surge through Delta eFX platform (June 2011)

First Derivatives (November 2010)

First Derivatives (September 2010)

First Derivatives - Eps forecast at 38.3p, 45.4p, 57.3p (June 2010)

First Derivatives - Launches FX retail product into Japan (May 2010)

First Derivatives - Cognotec could provide huge boost (March 2010)

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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