Wherever I go on the internet I am plagued by banner adverts inviting me to sign up for a seminar with “award winning journalist and broadcaster” Naga Munchetty of the BBC. Naga earns a six figure salary from the state broadcaster funded by a poll tax on rich and poor alike extracted by threat of jail. But Naga is greedy and so lends the good name of the BBC to her commercial enterprises, this one sponsored by salesforce, as you can see in the banner below.
I’m pleased to read that Sage (SGE) - one of my tips at this sites recent online investor show - enjoyed a solid first half (to the end of March), with organic recurring revenue of 10.3%. Naturally, life is tougher for its fiscal second half but it has already guided for this in early April as I discussed previously. For me, the continuing subscription / cloud shift is a positive that helps counter the classic slowdown from a suppressed SME environment. Anyhow, good to see the share pushing forward today on a mildly rough day on the markets. But onto the main event...