Updates

Alterian - US trading strongly

May 2007

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.

Ahead of its results next month, Alterian released a positive trading update for the year to 31 March. Alterian’s growth in North America continues, with the region now accounting for >50% of group revenue. The company signed a material new contract in Q4 which should generate a minimum US$4m over the first three years. The UK side has also bounced back and although one MSP decided to take work in-house, this has been more than offset by other new contracts. Alterian has also announced the acquisition of the intellectual property relating to a product, Campaign Calculus, for £0.3m. The product enables marketeers to judge the efficiency of marketing strategies by comparing them to earlier campaigns. For the year whi ...

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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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