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Xansa- 72% gain since last month's tip

November 2002

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:
  • XAN
The shares are up 72% since last month's recommendation, helped by one new contract win, news that Xansa is on the preferred list for the Consignia (Royal Mail) contract and also various organisational and board changes. First to be announced was a major IT outsourcingcontract with Boots which will commence on 1 November. The contract isworth up to £90m over seven years with a minimum commitment of £54m.As part of the contract, 200 people from Boots will transfer toXansa.    Xansa has also announced that a consortium,formed by Computer Sciences Corp and including it and BT, has beenchosen by Consignia  as preferred bidder for the supply of ITservices under a contract worth £1.5 billion over ten yea ...

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Related Articles

Xansa - 130p bid from French IT Group (September 2007)
Xansa - Department of Health contract (November 2004)
Xansa - Indian headcount to exceed 3,500 (October 2004)
Xansa - Expects to sign more large BPM deals (January 2003)

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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