Accumuli (ACM) accepts 32.8p share bid from NCC Group (#NCC)
- 2015-03-24 00:19:43
Since I last commented on IT security and risk management specialist Accumuli plc (ACM) it has updated that it is “continuing to trade in line with management expectations”, with a “strong” second quarter of the financial year “in terms of order intake with a number of notable wins”. What does this mean in terms of current value in the shares?
Accumuli plc (ACM), which works with organisations to manage the ever increasing IT risk landscape and leverage their IT assets for business value, has updated that it “has continued to make good progress through the first part of the current financial year”, seeing that “trading results are in line with management's expectations”. With the shares having nudged ahead to 27.5p, to capitalise the company at more than £43.5 million, in response, what is the current value proposition here?
Shares in IT security and risk management specialist Accumuli plc (ACM) have recently edged higher on the back of an announcement of the signing of two new contracts for the company’s ‘big data’ monitoring and analytics capabilities, which were obtained through a December 2013 acquisition of Eqalis Ltd, “with two pan European financial services organisations”. With the shares currently at 26p, capitalising the company at just over £41 million, is there more to come here?
Since my update last month shares in IT security technology, professional and managed services company Accumuli plc (ACM) have continued to search higher and it has today issued and allotted 6,770,832 new shares as part-payment of the contingent consideration for June 2012 acquired EdgeSeven. The following updates, with Accumuli shares currently trading at around 20p.
I concluded in August that at a then 15.25p, shares in IT security technology, professional and managed services company Accumuli plc (ACM) looked solid value (see HERE). The following updates with the shares currently approaching 17p following a half-year trading update.
IT security technology, professional and managed services company Accumuli plc (ACM) has updated that in the first quarter of its current year to 31st March 2014 “trading results were in line with management's expectations” as it “continued to make solid progress… in what remains a challenging but growing market”. The following updates…
Accumuli plc (ACM) is a UK-based IT security software and services provider – shares in which were recommended as a hot share tip in May at 11.125p on t1ps.com, the website I founded in 2000 and worked for until September when I left to set up the Nifty Fifty website. The company has today announced results for the six months ended 30th September 2012 and the following reviews these and the current investment case with the shares now at 10.5p.









