Updates

SafeCharge

June 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.

At payment processor Safecharge’s AGM, shareholders were told that Q1 had been strong with sales and profit ahead of budget. In March it processed record volumes and this momentum continued in April (with 10% run rate of volume processed as an acquirer). SafeCharge also announced that it had won two bookmakers as clients (Betfair and Paddypower). Numis forecasts record pretax profit of US$35.8m/ eps 20.9 cents and we suspect the shares are overdue a bounce. Buy. ...

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Softcat

Nanoco

Safecharge - Bid at 436p; gain 76% (June 2019)

SafeCharge (February 2019)

Safecharge (August 2018)

Safecharge (April 2018)

SafeCharge (September 2017)

Safecharge (January 2017)

SafeCharge (September 2015)

Safecharge - Set to launch pay.com digital wallet (April 2015)

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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