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Thursday, December 22, 2011

Dion Global Solutions Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Dion Global Solutions Ltd

Story:Dion Global Solutions has a portfolio of cutting-edge solutions and services for the international financial markets. The company recently acquired the entire issued share capital of Investmaster Group.Dion Global's management said the acquisition is part of Dion's strategy to become a leading provider of a comprehensive, diversified suite of solutions to financial markets worldwide.Investmaster has been a specialist provider of wealth management and stock broking software to the UK private client market for over 25 years. Their client base has combined assets under management exceeding £28 billion and over 800 users across the UK and Ireland.This transaction gives Dion a significantly increased presence in the UK and an established base upon which further expansion can be built.Investmaster's private client product suite complements Dion's existing range of products, which cover portfolio management, trading, settlement, risk management, analytics, treasury and research services.On a consolidated basis, Dion Global Solutions reported a net loss of Rs 12.25 crore in Q2 September 2011, higher than net loss of Rs 6.23 crore in Q2 September 2010. Total Income rose 22.2% to Rs 35.22 crore in Q2 September 2011 over Q2 September 2010.The company's scrip price would only rise after any outcome of robust future numbers.Till then it would remain an market underperformer.

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