By Steve Moore | Wednesday 23 October 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
NetDimensions (NETD), a tech company supplying the apparently ‘sexy’ area of ‘talent management’, has updated “that we are delivering to plan”. This comes in a business update revealing the addition of 18 new clients in the quarter to end September and the commencement of the establishment of a new Danish entity to serve the Nordics market. With the shares up to a current 62p, capitalising the company at £23.5 million ($38 million), on the back of the announcement, is there value here?
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