News & Comment
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Recommendations
Cash-generative payments services provider DataCash continues to deliver the goods, having announced a 43% surge in pre-tax profits to £11.2m, on sales up 25% to £20.4m, for the 2007 calendar year.
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Updates on Growth Company Investor's recommendations on RC Holdings, Avesco, DataCash, Creston, Careforce and XL Tech
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DataCash, the payments service provider chaired by former stockbroker David Bailey, marginally beat forecasts with its calendar 2005 figures.
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As expected the payments service provider, a Company Watch recommendation in this month's Growth Company Investor, has chimed in with extremely encouraging numbers for 2003, delivering its first profitable full year results.
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DataCash STRONG BUY 06/04/2004
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Fast-growing payments service provider DataCash pleased followers recently with news that it would post a profit for 2003 – no mean feat considering the losses it has racked up in the past four years. But, welcome as that may be, it is the company's growing relationship with computer giant IBM that is generating most excitement.
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Sector Articles
'Turnaround plays' inspire those with an eye for speculative deals. The risks you run are high, but with a bit of research (and the rub of the green) you might secure a handsome return a few years down the line
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