Good morning, it’s Paul here. I’ll be looking after you this week.
HQ tell me that subscribers like it when I give a rough idea in advance of anticipated timings for each report. My plan for Monday is to write mainly in the afternoon, with anticipated completion time for this report of c.6 pm.
Tue, Wed amp; Thurs reports this week should be finished by late morning, because I have meetings lined up in London for the afternoons.
There’s hardly anything to report on today.
IXICO (LON:IXI)
Share price: 41.8p (up 23% today, at 15:48)No. shares: 46.8mMarket cap: £19.6m
Trading update
IXICO plc (AIM: IXI), the data analytics company delivering insights in neuroscience…
The company description means this share is well outside my comfort zone!
As the +23% share price suggests, today’s update is very good;
Given the performance in the period to date, the Board anticipates that the results for the full year ending 30 September 2019 will be materially ahead of current market expectations.
I usually assume that “materially ahead” means about 10% ahead.
Strong revenue growth in H2New amp; expanded contracts coming on lineIncreasing demandNewly developed algorithmsFaster turnaround timesThat all sounds encouraging.
Interim results -…
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