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Gattaca

September 2021

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:
  • GATC
  • Price:
  • 217p
Supporting my recommendation of SThree (STEM; 524p) last month, Gattaca, a smaller STEM recruiter, has said trading is running ahead of expectations. There is good demand in the infrastructure unit, which will benefit from strong demand driven by major initiatives such as UK Fibre investment, HS2 and Offshore 2025, which is already positively impacting hiring. Its defence business continues to perform strongly. It also anticipates continuing high demand for technology skills as the pace of digitisation continues to accelerate. Pretax profit will now be £3m, ahead of market forecasts of £2.7m. Full year NFI is £42.5m with H2 NFI being 7% higher than H1. Gattaca has said it continued to add sales and delivery resources ac ...

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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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