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Lombard Risk – Good News is Bloody Annoying for Investors but share price still offers c60% upside

Tom Winnifrith
Friday 11 January 2013

Software group Lombard Risk Management (LSE:LRM) announced on January 10th that it had won a new contract to supply its REPORTER product to “one of the UK’s leading building societies” as a “consolidated regulatory and MIS reporting system”. Clearly winning a new contract with a firm which must have some size is good news rather than bad news. But….after all the blather about how the client looked long and hard and referenced REPORTER with other users, blah, blah, blah Lombard does not actually name the customer or the value of the contract.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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