By Chris Bailey | Wednesday 13 May 2020
Disclosure: I own shares in one or more of the stocks mentioned. 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.
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...