If only…
Kainos Group (LSE: KNOS) provides information-technology services, consulting, and software to customers worldwide. For the period to the end of March the company reported an order backlog of £76.4m, around one year’s worth of revenue.
At the beginning of September it also said its full-year results were expected to be in line with current market expectations, as a robust balance sheet and positive cash generation continues to benefit the firm.
Be glad you didn’t…
Acacia Mining (LSE: ACA) is a gold miner operating in Tanzania, with properties in Kenya, Burkina Faso and Mali. It recently reduced the scale of its operations at the Bulyanhulu mine in Tanzania following a bitter row with the country’s government, which caused the share price to plunge.
The miner said the government’s decision in March to ban exports of gold and copper concentrate has hit 35% of its production, costing it $210m to date.