If you’d invested in: PCI-PAL and 365Agile Group

PCI-PAL develops software that allows call centres to process credit and debit-card payments securely. Since then shares have shot up, and have risen by more than 170% in the last year.

Ben Judge
By Ben Judge
published

If only...

822-Good-1200

PCI-PAL (Aim: PCIP) develops software that allows call centres to process credit and debit-card payments securely. Its most recent results showed a 27% rise in turnover in the year to 30 June, with a profit of just over £21,000, compared with a loss of £258,000 in the previous year.

It recently sold two related call-centre divisions to concentrate on its payments business. Since then shares have shot up, and have risen by more than 170% in the last year.

Be glad you didn't

In August 2015, investment firm Iafyds plc completed a reverse takeover of 365 Agile Limited, renaming itself 365Agile Group (Aim: 365). 365 Agile creates apps that let staff access back office systems remotely, with a subsidiary, Wireless Things, developing software for the "internet of things". The management concluded the original business model required improvements, which included the CEO's departure, closure of the Wireless Things subsidiary, and a near-90% slump in the share price.

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Ben Judge
Ben Judge

Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.

Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.

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