16 min

WEEKEND WATCHLIST – Blancco (AIM:BLTG‪)‬ Shares for Beginners

    • Investing

In this WEEKEND WATCHLIST I’m joined by Gareth Brown from Forager Funds to talk about Blancco (AIM:BLTG)
 
Here’s a recent quarterly report from Forager: https://foragerfunds.com/news/investor_resources/quarterly-report-both-funds-september-2021/
 
“Erasure software market leader Blancco (AIM:BLTG) reported its full year result. The second half was strong, as expected, with revenue up 19% despite a currency headwind. The Enterprise division, selling direct to large corporations, continues to shine, with second half revenues increasing 35% and important new business wins that should be recurring in nature. The ITAD division, which sells erasure licences to equipment recyclers, did better than we should expect longer term, with a surge of end-of-life hardware processing occurring post COVID. The mobile phone recycling division didn’t inspire, generating revenues the same as the prior year, but it should benefit significantly from the return to normal life.”
 
Here are some resources that I recommend to help your investing:
When you’re ready to go beyond ETFs, learn from the master - Tony Kynaston’s Quality at Value. Sign up with code SFB for 20% discount. https://qavpodcast.com.au/register-3/Trade with the trend, spread risk, let profits run, cut losses, and give winner room to move. Learn more about Jason McIntosh and the Motion Trader process at: https://www.motiontrader.com.au/sharesforbeginnersTrack your portfolio & save heaps on accounting fees with Sharesight. https://www.sharesight.com/au/sharesforbeginnersDon’t know where to buy and sell ETFs and shares? Get your first trade free at Boring but Beautiful investing platform by signing up with this link: https://pearler.com/home?deal=sharesforbeginners 
Disclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself. Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.

See acast.com/privacy for privacy and opt-out information.

In this WEEKEND WATCHLIST I’m joined by Gareth Brown from Forager Funds to talk about Blancco (AIM:BLTG)
 
Here’s a recent quarterly report from Forager: https://foragerfunds.com/news/investor_resources/quarterly-report-both-funds-september-2021/
 
“Erasure software market leader Blancco (AIM:BLTG) reported its full year result. The second half was strong, as expected, with revenue up 19% despite a currency headwind. The Enterprise division, selling direct to large corporations, continues to shine, with second half revenues increasing 35% and important new business wins that should be recurring in nature. The ITAD division, which sells erasure licences to equipment recyclers, did better than we should expect longer term, with a surge of end-of-life hardware processing occurring post COVID. The mobile phone recycling division didn’t inspire, generating revenues the same as the prior year, but it should benefit significantly from the return to normal life.”
 
Here are some resources that I recommend to help your investing:
When you’re ready to go beyond ETFs, learn from the master - Tony Kynaston’s Quality at Value. Sign up with code SFB for 20% discount. https://qavpodcast.com.au/register-3/Trade with the trend, spread risk, let profits run, cut losses, and give winner room to move. Learn more about Jason McIntosh and the Motion Trader process at: https://www.motiontrader.com.au/sharesforbeginnersTrack your portfolio & save heaps on accounting fees with Sharesight. https://www.sharesight.com/au/sharesforbeginnersDon’t know where to buy and sell ETFs and shares? Get your first trade free at Boring but Beautiful investing platform by signing up with this link: https://pearler.com/home?deal=sharesforbeginners 
Disclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself. Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.

See acast.com/privacy for privacy and opt-out information.

16 min