Gresham Computing progress towards greatest returns in Group's history

scab,

Just checked out CW website and seen the impressive agent and client banking list it would appear Nostro is obviously key banking software that is here to stay.

ABN Amro
Affin Bank
ANZ
Bangkok Bank
Bank of America
Barclays Bank
Citibank
Commonwealth Bank of Australia
Dresdner Kleinwort Wasserstein
FirstRand Bank
HSBC
JPMorgan Chase
Maybank
Mizuho Corporate Bank
National Australia Bank
Royal Bank of Canada Global Services
Royal Bank of Scotland
Santander Central Hispano
Standard Bank South Africa
Standard Chartered Bank
Svenska Handelsbanken
Union Bank of Taiwan
Westpac


Having looked throught the accounts and taken into account the very likely forward cashflow generated from Nostro with stated recovery in second half trading, it would would certainly appear the market has significantly overeacted to the downside since the last results were published.

With a MKT cap of only £40m now this is certainly a very strong recovery prospect here over the coming months. Any positive statements in the meantime will accelerate this recovery.



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