The opportunity remains to buy Globo at about 0.55p: a telecom software products company.

Globo said that it achieved a strong financial performance for 2013, ahead of market expectations. And profits will be in line with market expectations.

For 2014, the company said that “current year trading has started very strongly”. Globo says that “as IT budgets from customers build and ‘bring your own device’ and mobile apps needs increase further, Globo will have the opportunity to deliver another year of excellent growth and market penetration”.