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Tracsis

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:
  • TRCS
  • Price:
  • 129p
Ahead of results on 30 October Tracsis put out an in-line statement, confirming it will achieve WH Ireland's forecast of £3.17m pretax and eps of 10.1p for the year ended on 31 July. The question on everyone's lips is of course whether the acquisition of MPEC (the data logging company) is a one-hit wonder or whether it can continue its stellar performance in the current year. At present, Tracsis is conservatively stating that based on the strength of the existing sales pipeline it expects to see “further growth  albeit perhaps at a slower rate unless it completes further acquisitions,†which is almost certainly likely. It's been doing deals at the rate of one a year, so we're getting close.Meanwhile, the company is expand ...

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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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