Friday March 06, 2015
My last day at the Greek Hovel – 1 last satisfying bonfire
Weekly Postcard #102 – Driving into the clouds I see the past and the future
Ireland brightens up my day

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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

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- Tom Winnifrith

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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