Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTracsis Share News (TRCS)

Share Price Information for Tracsis (TRCS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 800.00
Bid: 790.00
Ask: 810.00
Change: 5.00 (0.63%)
Spread: 20.00 (2.532%)
Open: 795.00
High: 800.00
Low: 795.00
Prev. Close: 795.00
TRCS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Thursday newspaper share tips: Investing in Legal and General a good insurance policy

Thu, 05th Nov 2015 11:13

(ShareCast News) - Betting on Legal and General may be a good long-term strategy, according to The Times's Tempus.The insurer posted a 14% rise in net cash generation for the first nine months of the year on Wednesday as it said it is ahead of its target to deliver £80m of operating cost savings this year.Tempus said the business is having a bit of a tidy up as it moves its operating model away from having large amounts of capital to a model whether others take on the asset risk. On top of that, it is selling non-core businesses around the world, leaving markets where it doesn't have a large base, and cutting £80m in costs this year.However, Tempus noted its performance really comes down to cash generation, which beat market forecasts again. This frees up money to cover an assured 13.5p dividend which offers a 5% yield. For those reasons, it has suggested the shares are worth a long-term buy.Over in The Telegraph, Questor is keeping an eye on a few smaller stocks, particularly traffic and transport analysis group Tracsis.After the AIM-listed firm reporting a solid set of annual results on Wednesday, the share price dropped 2%. But based on some healthy cash generation, its long term growth prospects look good.Questor highlighted that software contracts are long-term in their nature, which makes the company very cash generative. This led cash levels to rise from £8.9m to £13.3m at the end of July. With the shares highly valued and an expectation that pre-tax profits will increase more than 20% to £6.1m, Questor says it's a share worth buying.
More News
18 Jun 2010 16:00

UK SMALLCAP ROUNDUP: GW Pharmaceuticals Wins Sativex Approval

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps GW PHARMACEUTICALS PLC (GWP.LN), a drug developer, Friday said it received a license for its cannabis-derived multiple sclerosis medicine Sativex from th

Read more
18 Jun 2010 12:30

UK SMALLCAP ROUNDUP: Small Cap Fundraising Gets EU Boost

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps Small-cap investors Friday welcomed changes set to make fundraisings and rights issues by small and mid-cap companies simpler and cheaper after the Europ

Read more
18 Jun 2010 09:30

UK SMALLCAP ROUNDUP: Staffline's Earnings To Top Expectations

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps STAFFLINE GROUP PLC (STAF.LN), a U.K. recruitment company, Friday said it expects both first-half and full-year earnings to be "significantly ahead" of c

Read more
18 Jun 2010 07:54

Coalition cause revenue delays at Tracsis

The new coalition government's plans for a consultation exercise on rail franchising policy will delay revenue at Tracsis, a provider and consultancy services to the rail industry. Tracsis stressed the business is trading profitably and results have been in line with expectations, but thought it pr

Read more
18 Jun 2010 07:35

Tracsis Wins 3-Year Contract But Warns Of 2010 Revenue Delay

LONDON (Dow Jones)--Tracsis PLC (TRCS.LN) Friday said it has won a three-year contract worth more than GBP150,000 with a major U.K. train operator, but also cautioned that revenue it expected to receive this year will now come in 2011 following a delay in the retendering process of several contracts

Read more
20 Apr 2010 08:45

Small caps round-up: Baobab Resources, Idatech, Bango...

Shares in Baobab Resources jumped after the Mozambique-focused metals explorer said it intersected 'significant widths' of magnetite-ilmenite mineralisation at the Chimbala prospect in the Tete region of the country. Fuel cell system firm IdaTech expects revenues for 2010 to be lower than expectati

Read more
27 Jul 2009 08:31

Small caps round-up: Filtronic, EMED, Coe Group ...

Telecommunications technology group Filtronic saw a sharp fall in revenues in the year to May 31 as demand slumped. Revenue from continuing operations fell to £28.8m from £40.1m, but the group posted a pre-tax profit. However, the group moved into a pre-tax profit of £2.3m from a loss of £16.2m

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.