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Cash rich, outlook great, it looks compelling

01/02/2013 · SimiGon (SIM) 

The December trading update confirming full year results would be “significantly ahead of expectations” drew us to take a closer look at the AIM quoted provider of simulation training solutions. The healthy cash balance of US$6.98m at the interim stage, equivalent to 60% of the current market cap, not to mention the attractive growth profile suggests a compelling investment opportunity at current levels.

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