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Datong

  • BY: Andrew Hore |
  • POSTED: 28/02/2013 |

Electronic surveillance products supplier Datong says that it has performed solidly in the first half but this financial year will still be heavily second half weighted. 

A £7.5m contract won at the end of 2012 will have more of an impact in the six months to September 2013. It will also contribute to the following year.

US demand remains uncertain and Datong has decided to commence a formal sales process for the business.

At 48.5p a share, Datong is valued at £6.71m. There was £2.48m in the bank at the end of September 2012.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFFebruary2013_41.pdf

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