If you'd invested in: Creightons and Corero Network Security
Creightons, maker of toiletries and fragrances, has rewarded investors, while while Corero Network Security had disappointed them.
If only...
Peterborough-based Creightons (LSE: CRL) develops, manufactures and markets toiletries and fragrances, both under its own brands and under contract for third parties. The firm traces its roots back to 1953 and listed on the main market of the London Stock Exchange in 1987. The past financial year was "another year of growth and improved profitability", according to the latest accounts. Sales increased by 0.3% and profit excluding exceptional items rose by 0.4%. Investors are happy: the share price has risen by over 140% in the last year.
Be glad you didn't
Corero Network Security (Aim: CNS) provides security software to internet service providers, web hosts and businesses. It is listed on Aim in London, but its base is in the US. Revenue and profits were both up last year, but revenue was lower than expected. The share price has slid by almost 70% in the last 12 months.
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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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