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Alterian

November 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.

  • Epic Code:
  • ALN
  • Price:
  • 131p
Alterian has released H1 results to 30 September showing sales up27% to £5.3m (33% on constant exchange rates) and an adjusted pretaxloss of £1.5m, up from a loss of £0.9m. The increased loss reflects aninvestment programme that begun in Q4 to widen the company’s channel tomarket beyond the Marketing Service Providers (MSP) it has historicallytargeted.The opportunity to widen its reseller base is a direct consequenceof the three recent acquisitions (Dynamics Direct, Nvigorate, CampaignCalculus) in the last financial year, which broadened the group'soffering to include email and on-line marketing, marketing operationsmanagement and marketing optimisation software. For instance, marketingagencies are now also buying their email ...

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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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