Nasstar (NASA)

Nasstar NASA Logo

A UK based company engaged in the provision of hosted managed services and cloud computing services, it integrates private and public clouds by supplying the hosted information technology services to its business customers.

30-Jul-2018 – 11.75p – £67.5m – PER 19.6

Trading Update For The 6 Months To End June 2018 – Confident FY will be in-line with management expectations.

First time I have looked at this and it looks interesting enough. Perhaps fairly priced here so will remain Neutral but will keep an eye out for those results.

24-Sep-2018 – 11.8p – £67.8m – PER 19.5

Interim Results For The 6 Months To End June 2018 – Revenue up 6% with Operating Loss reduced by 65%.

I remain Neutral here.

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