Musing on the market and specific shares. Including Advanced Share Registry, Anteo Diagnostics, Prana Biotech, Biota Holdings, Pfizer, Biogen, 3M and Catch the Wind

Thanks to Peter for pointing Advanced Share’s profit upgrade.
Great news. Quality, focused board. Owner focused company driven by founding owner.

Final dividend upped from an anticipated 1.25 to 1.8c after a 75% jump in pretax profit to $2.2M for 2010.

Sales up, increased trading, new clients, cost focus with a verifiable claim of expanding margins. Confident of future growth and profitability.

The ASW elevator pitch:

A challenger to the duopoly of Computer Share and Link Market Services, ASW, has expanded beyond it’s regional foothold in the West. Earnings have grown consistently, guided by stable management/owners. Earning ceiling is not in sight.