Globo (44p and 2% of JIC Portfolio) I have succumbed to temptation! Up another 10% yesterday and 2% today. I have just sold 1/3 of my holding. The shares have more than doubled since I bought them for the JIC portfolio on December 28th and although I am still excited about its prospects the shares have run up very fast. I intend to buy back lower down or indeed higher up once the Company demonstrates the success of its GO!Enterpise product through sales. (see transactions)
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Globo Plc is an investment holding Company. The Company provides mobile, e-business and software products and related services.. It operates in four segments: third party goods, software products and services, telecom service and Mobile products and services. Third party goods, which resells third party goods, to its customers, consisting of hardware to complement a software project; Software products and services, which sells its own software products and services to its clients both in the private and public sector; Telecom services (S.a.a.S.), which combines telecom services with its own software products that are then sold on a software as a service basis, and Mobile products and services, which sells its own mobile software products and services to its clients. On November 11, 2011, the Company acquired the remaining 65% of ReachFurther Communications Ltd. On February 8, 2012, it acquired Dialect Technologies Inc. more »
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