Tip Update: Underrated AdEPT Technology

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Managed IT and networking services provider AdEPT Technology (LON: ADT) reassured the market that the 2021-22 figures will be in line with expectations. There will be additional costs this year, but the poor performance of the share price is puzzling considering that the prospective earnings multiple is so low.

There was a good finish to the financial year and that meant that the revenues and profit will be broadly in line with forecasts. Managed services revenues continue to increase. New c...

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