Craneware Share Price (CRW)

seems like some profit taking as sp falls to-day. Time to get out or great future prospects to stay with ?

Hi all, a new article with some thoughts on the recent trading update, and a further look at the financials for Craneware - available here: https://www.thetwentiestrader.com/post/will-cranewares-migration-to-cloud-based-software-be-positive-for-its-shares

Growth through H1 in what was a tough time in US hospitals was 5%. It's OK but I was expecting it to be a couple of % higher from their AGM statement. If they keep the momentum then revenue and EDITDA will be at the top end of analysts predictions for 2021. Customer retention is very good (they had a problem with this in the previous year when they lost a large customer).
'In accordance with Craneware's revenue recognition policy, the majority of the revenue resulting from both new sales and existing contract renewal will be recognised over future periods, providing the Group with long term visibility of revenue under contract.'
So, looking good going forward.

It has moved close to my initial target far faster than expected. I am going to stick with it until the interims and then see what they have to say.
Good luck with CNC it looks interesting.

I’ve sold my entire holding. CRW may well have further gains to make, but I’m happy to bank profits and put some cash back in my portfolio. Needed some cash in the bank as I recently took a large position in CNIC which is another overlooked tech stock I like the look of. Good luck to all holders here.