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Written by Keith McLachlan
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Wednesday, 21 April 2010 |
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Over the last month ISA's share price has risen by a little over 50% to its current highs of over 55c. The Group offers niche Internet security services and products with significant amounts of annuity cash flow accruing to it yearly and a healthy record of distributing its profits as dividends. With basically no debt on its books, a healthy cash balance, and the fact the August 2009 interim results showed EPS up almost 50%, it is likely that the share price is ramping in anticipation of a coming positive trading updates, positive results and then another very healthy dividend. The Group's FD retired a number of months ago and a recent announcement was the replacement by Tarryn Brits.
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