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Innovation

September 2012

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:
  • TIG
  • Price:
  • 19.75p
TIG, whose mainstay is motor claims processing, has issued a trading update that said although  April to date had seen good weather and petrol prices remained high, both of which affect the number of people driving (and the number of accidents), trading has continued positively. Its Innovation Insurer system has received orders in the UK, Australia and USA for the Insurer suite and having rewritten the software which has made it easier to enter new markets, the product has just been installed by Australian insurer Real Insurance to manage motor and building insurance policies.Since our last update TIG has also made a bolt on acquisition of Value Partners, a provider of outsourcing services in Belgium for up to £4m. It ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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