Inno-Centre
pour un monde technologique
2009-12-04
Silanis (SNS,19p, £4.13m) Silanis’ systems, that enable the electronic processing, signature and despatch of consumer finance contracts, has been selected by a major finance company that specialises in retail partnerships and banking in the EU. With net cash of £9.3m or so we rate the shares a continued SPECULATIVE BUY, despite the potential for a year of losses, and set a price target of 30p.
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