Commissioned researcher Edison has today published a research note on The Innovation Group (TIG) – the company once run by Quindell (QPP) boss Rob Terry in the wake of its interims. It reckons the shares, now 34p, should be at 40p.
News out today has prompted commissioned researcher Edison to publish a detailed note on The Innovation Group (TIG) in which it argues, coherently, that the shares, now 28.5p could plausibly be worth 40p.
The Innovation Group (TIG) published interim results the other day showing a strong improvement in profitability. According to commissioned researcher Edison subsequent deal flow across software and business process services (BPS) suggests the margin expansion trajectory is well set to continue and thus successful conversion of a strong pipeline, particularly in the US, should set the stage for significant further earnings growth.
The end of last week saw Innovation Group as something of a surprise winner in terms of stocks heavily traded among the small caps.
A very interesting duo-act from Innovation Group during their breakout session, 13 April 2013.







