Cordel Group given as a top share tip for 20223 Jan 2022 13:47
Andrew Hore, The editor of The AIM Journal and winner of last years Proactive Investors share tips competition for 2021 has tipped this company this year. (Last year his tip, SkinBioTherapeutics, finished +158% & was +300% at the halfway stage but am sure no one would have been complaining at the finish)
This is what he says about his new tip for 2022: “Cordel, previously known as Maestrano, has developed software-as-a-service services using LiDAR (Light Distance and Ranging) technology, which can significantly cut the cost of rail track inspections. It has already won contracts in Australia, the UK, Japan and North America, where the potential is enormous. Arden expects Cordel to move into profit in the year to June 2023. At 11.5p, that could put the shares on 16 times prospective earnings with potential to fall to three the following year. The forecasts could be optimistic, but there is no doubt that momentum is building up.”
https://www.proactiveinvestors.co.uk/companies/news/969650/15-investment-tips-for-2022-stocks-funds-and-crypto-ideas-from-the-professionals-969650.html