You are currently browsing the daily archive for March 31, 2008.

Misys'(MSY. 137p) CEO, CFO and Chairman have increased their positions by between 14%, 50% and 60% respectively, buying shares at between 135p and 136p last Friday.

Results imminent? No. We had an interim update (upbeat) and a share placing (at 175p) on the 18th March.

Track record? No. Management have been buying shares down from 248 to present levels since last year.

So why look at Misys?

1. Significant increase in positions (50-60%)

2. Three senior bods buying £70-£135k of shares each

3. Misys is one year into ‘Turnaround Strategy’, which should go some way to insulating them from the expected downturn in demand from banking customers.

So one for the watchlist, or for the long term investors.

See subsequent post of July 30th- ‘Misys- directors continue to buy- in size’.

A small diversion. I was just reading this newsletter, and want to share it with you.

This has nothing to do with directors dealings, but everything to do with the deepening recession in the US.

Read John Mauldins ‘Thoughts from the Frontline’, and subscribe to his weekly email. Go to http://www.2000wave.com/index.asp

Add to Technorati Favorites

Prefer to get emails? Click here

RSS Find us on twitter.com/directorsdeals

  • An error has occurred; the feed is probably down. Try again later.

twitter

March 2008
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31  

twitter