3251 days ago
Investment Case: Having reached more than 70p in March 2014, shares in IT systems integrator, IS Solutions (ISL) have fallen back to a current 60p offer price, capitalising the company at £21 million. The shares rose from 46p on the back of a December announcement of the successful conclusion of negotiations for “a major Analytics contract” and that “the business also has a number of exciting opportunities within its pipeline; this together with recent business wins and a number of projects coming back on stream bodes well for the future”, but are thus far little changed in 2015 having commenced the year at 54.25p. This looks to fail to reflect continuing positive progress and the shares are a buy.
