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PCI-PAL – results statement suggests the company’s future is not greatly foreseeable…

By Steve Moore | Wednesday 9 October 2019


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.


“PCI-PAL PLC (AIM: PCIP), the customer engagement specialist that secures and protects payment card data for companies handling payments by phone, is pleased to announce full year results for the year ended 30 June 2019” – and the announcement includes “the new financial year has started well… PCI Pal is well positioned to build on this year's success”. The shares have currently nudged ahead to 27.5p – but remain down from 36p reached in the summer and more than 78p in early 2018…

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