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Digital Barriers - US$10m+ of orders for ThruVis

November 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.

  • Epic Code:
  • DGB
  • Price:
  • 44p
There has been a string of announcements since September including US$10m of contracts with various US law enforcement agencies for its ThruVis camera technology  for mass-transit security that can detect objects such as weapons and explosives concealed under clothing.  For the six months to end September, Digital Barriers said that sales, which will include Brimtek for the first time, are expected to be double that achieved last year. Both organic revenue and adjusted losses are expected to be broadly flat year-on-year, although neither of these include the benefit of material US government contracts, which will be delivered in H2. Including the September contract awards, the Group has secured approximately 50% of the Bo ...

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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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