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SimplyBiz

February 2019

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:
  • SBIZ
  • Price:
  • 171p
SimplyBiz, which provides compliance and regulation services to financial intermediaries released a preclose statement that said in FY18 it grew the number of directly authorised member firms by 8.5% to 3,726 and it continues to sell more services to them. This has driven growth in the average revenue-per-member, which has converted to strong margins that are forecast to have risen to 21.3%. Net cash has also climbed to £6.4m. No change to Zeus’ eps forecast of 10.5p for the year already ended. Its forecast for this year is 12.9p lifting to 15p next. A nice tuckaway. ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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