- Crimson Tide Plc (LON: TIDE) has entered into a significant long-term contract with one of the country's leading supermarkets for its mpro5 solution.
- The contract is for an enhanced rollout of mpro5 including safety and legal compliance and is provided on software only basis.
- It will replace an earlier contract and reduce support costs and capital requirements to fund expensive, rugged PDAs, resulting in higher margins. The contracted revenue is for at least £2 million over the 5-year (60-month) term.
- On 23rd December 2019, at the time of writing, GMT 08:02 AM, TIDE shares were trading at GBX 2.40, down by 0.20 points or 9.09% against the previous day closing price.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.