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ADVT

January 2024

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.

I aimed to feature Vin Murria’s ADVT in my NAPS this month, but the shares remain suspended as I go to press. I’ve known Murria since her COO days at Kewill Systems. She is a bit of a whirlwind (and that’s just the speed at which she processes) but her track record at Advanced Computer Software and Computer Software speaks for itself - both were highly profitable investments. ADVT is her latest vehicle. Having made an unsuccessful bid for advertising agency M&C Saatchi, Murria has gone back to her roots and used the cash shell to acquire five software businesses for £33m from Capita in a reverse takeover. In 2022, the acquired businesses generated £35m in revenue (74% recurring). With a £65m war chest for more deals and Murria holdin ...

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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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