Expansys – 0.5p

21 March 2013 – trading update

The company has announced that trading in the second half has been below expectations so far and therefore issued a profit warning.  Expansys’ market capitalisation is now less than £6m and given the level of turnover and profit which has been generated in the past there is scope for a strong rebound in the share price at some stage.  However, a strategic review is underway and the shares are high risk, meaning they are a SPECULATIVE BUY.

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