News & Comment
After a stellar performance on Aim since being demerged from TT, diversified mini-conglomerate Send has put the dampers on by warning of a greater than expected decline in orders for its packaging division, its biggest operation in terms of both profits and sales. Ben Cobley reports.
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Recommendations
Growing software and IT services specialist Sanderson has warned that annual sales and profits to September will disappoint following recent slowdown in the retail sector.
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Growth Company Investor flagged up the growth and income attractions of software and IT services business Sanderson at 52.5p last year and, while disappointed to see the shares lower at 36.5p, we remain supportive.
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Sanderson, the software and services group chaired by Christopher Winn, has made its fourth and largest acquisition since floating on AIM in late 2004.
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After the IT bubble burst earlier this decade, many business software companies suffered declining sales and went bust.
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Sanderson
BUY/HOLD 12/12/2006
Investors looking for sustainable income at a reasonable price should look no further than Sanderson, the software and IT services group guided by Chris Winn.
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As predicted in a share price-sapping profit warning, technology counter Sanderson reported flat maiden annual figures to the end of September last month.
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Send
NO RECOMMENDATION 15/08/2002
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Send
NO RECOMMENDATION 03/05/2002
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Send
NO RECOMMENDATION 16/11/2001
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Send
NO RECOMMENDATION 01/10/2001
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