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Fusionex - Launches out of box GIANT for SMEs

October 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:
  • FXI
  • Price:
  • 168p
Researchers at IBM say that each day we create a mind boggling 2.5 quintillion bytes of data driven by mobiles and social media - in three days that’s as many bytes of data as there are grains of sand in the world! And because data is growing exponentially, by 2020 there will be 44 times as much data as existed in 2009. Properly harnessed, this valuable data can enable companies to achieve increased customer satisfaction and improved business decisions. One company operating in this space is Fusionex (FXI; 168p) which is headquartered in Malaysia and which listed on AIM in 2012 at 150p.In 2014, ahead of launching GIANT, its Big Data software, excitement had sent the shares over 700p but Fusionex has since given investo ...

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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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