Updates

Fusionex - FY16 to be an investment year

February 2016

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.

Fusionex has reported FY15 results with sales up 35% to RM77m. Adjusted pretax profit was up from RM23.7m to RM31m, although this was after Fusionex capitalised RM16.5m development costs (which it then writes off over five years). The year saw it build its geographic coverage and increase its reseller network (SI Mesiniaga Berhad and Dell joining Avnet, EMC, Microsoft/Revolution Analytics) and consequently it exceeded the number of installations of its flagship Big Data product, GIANT, which grew to 36, up from just 12, so two new signups each month on average. Speaking to Ivan Teh, he notes that GIANT contracts are typically for three to five years so the RM68m recorded in product sales should mostly repeat this year. ...

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McBride

Majestic Wine

Fusionex (April 2017)

Fusionex (November 2016)

Fusionex - Launches out of box GIANT for SMEs (October 2016)

Fusionex - Signs reseller agreement with Cloudera (March 2016)

Fusionex (December 2015)

Fusionex (November 2015)

Fusionex (March 2015)

Fusionex - Growing repeat income (June 2014)

Fusionex - Three GIANT contracts expected (February 2014)

Fusionex - High quality new issue: a Big Data play (June 2013)

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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