Tuesday 16 January 2018 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
The December 2017 edition of the UK Investor Magazine is now live: What will Father Christmas be putting in the stockings of the writers of ShareProphets, nine share tips , plus sexism at the BBC
Escher Group – ‘confirms the potential of its technology in the digitisation of branch-banking processes’… or does it?
On Friday software group Escher (ESCH) noted financials “marginally ahead” on previously suggested and it’s now emphasised a “very positive” first deployment of its ‘Riposte’ platform in a pure banking environment, stating “confirming the potential of our technology in the digitisation of branch-banking processes”. Hmmm…
Postal, retail and financial industries point of service software provider Escher Group (ESCH) has updated including “revenue is expected to be marginally ahead of the figure published in the Trading Update on 14 November 2017 and adjusted EBITDA is expected to be in the order of $2.8m”. The shares have responded slightly higher to a current 137.5p, though that compares with 200p exceeded last year…
A 4th December 2015 “Trading update” from Escher Group (ESCH) was a warning that “the group will not now close additional license sales that it had expected in H2”. There was no late-year update in 2016, but this year there’s now a “Trading Update”. Hmmm...
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