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Craneware - Two significant new contracts

March 2018

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:
  • CRW
  • Price:
  • 1843p
Craneware trades entirely in the US where it is the market leader in the supply of billing software analysis tools for the healthcare sector.Complicated regulatory changes lead to many errors in billing for medical services. Craneware's software solves these and other problems and the company has just reported two significant new contracts with hospital providers. One is worth US$5m and the other US$3.5m over their initial multi year terms.The shares went back to their highs on the news. Gain since main write up is 160%, keep holding. ...

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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.

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