4 October 2010 – contract win
A contract worth approximately £10m, plus up to a further £10m over the following 5 years from additional services and fees, has been won with an unnamed bank. This is substantial given the size of the business. We tipped Focus Solutions Group at 36p in January and good progress continues to be made. Although there may be some volatility in the near term, the shares still look attractive meaning that we continue to rate them as a BUY.