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Allocate Software - 66% of total sales recurring

September 2014

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:
  • ALL
  • Price:
  • 117.5p
Allocate is a company achieving headlong growth from roster management software that is vitally needed by the NHS to allocate periods of duty to its large and multi-skilled workforce. Historically, the NHS used paper-based systems for this rostering process  but Allocate virtually invented the market for doing this more efficiently when it launched the in-house developed software, Healthroster. As is becoming increasingly apparent, Healthroster was just a dress rehearsal for a brave new world where it has become important to not only be able to do things even more efficiently but to also have a proper audit trail so that an English health trust can prove to the Department of Health that it is delivering safe patient care. I ...

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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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