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Xchanging - Recession beneficiary ? (XCH)     

spitfire43 - 03 Mar 2009 19:26

Released final results yesterday and the price fell 7% to below 190p, unfairly in my view. Profits and EPS were inline with expectations, but market was dissappointed by lack of major new contract announcements. They are growing at over 20% a year and have a forward PE of 11 for 2009, the CEO says in yesterdays Finals that XCH should benefit from recession, due to banks and financials costsaving by outsourcing systems to XCH.

Chart.aspx?Provider=EODIntra&Code=XCH&Si

Juzzle - 14 Oct 2011 13:06 - 16 of 17

Not heading towards 110 at the moment. Slipsliding the other way - with no support between here and the 50p it fell to in February :-O

mitzy - 24 Feb 2014 18:37 - 17 of 17

Chart.aspx?Provider=EODIntra&Code=XCH&Si
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