4497 days ago
AIM listed SciSys (SSY) served up a pretty decent trading statement last week but I am told by the current management that this stock is too boring to be recommended in my normal outlet for share tips and so I bring this one to you on the house. You see, what young folks forget is that boring is good. Massive asset backing, strong cash conversion, solid organic growth, dividends are a lot better than stacks of goodwill, oodles of jam tomorrow, a reliance on acquisitions, etc. If you want that sort of stuff buy Facebook and regret it. On the other hand if you want to make money with a “boring” tip buy shares in SciSycs at 54p. My one year target is 84p ( plus another 1.3p in dividends). I can live with that sort of “boring” return. Can’t you?
