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NetDimensions – full-year trading update sparks shares higher, the valuation is not sane

By Steve Moore | Tuesday 7 January 2014


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.


Having updated that in 2013 it enjoyed “a particularly strong performance in the second half with both sales revenue and invoiced sales growing by more than 20% from the second half of 2012” and that “the full year loss before interest and certain non-cash items will likely be substantially lower than current market expectations”, shares in NetDimensions (NETD) currently trade 21.5% higher on the day at 73.5p. But is the valuation sane?



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