Escher Grp Forum

Panmure note from Research Tree... We make some slight changes to our Aveva forecasts in the wake of the analyst 'surgery' on Friday last. Whilst the surgery contained little new news, it helped to clarify our thinking. As we suspected, no special dividend, as Aveva would prefer to retain cash for a potential acquisition. There is also a CMD in the early stages of being planned, think early Autumn, then Aveva will discuss its product plans for its cloud initiative. Finally it was a positive that the management team seems to have a better grasp on its markets.

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Read Panmure Gordon & Co's note on Escher Group, out this morning, by visiting Research Tree: "Hot on the heels of signing Saudi Post for its loyalty platform, today Escher announces that it has secured a pilot with Saudi Post for mobile and iMobility solutions. Proof here of: (i) the importance of omnichannel in the retail market and wider recognition that omnichannel customers display a higher level of loyalty to a brand and typically out-spend multichannel shoppers by over 20%. (ii) Escher has upped its game in upselling – Saudi Post has been a client for almost three years, currently using Riposte software and, (iii)..."