Fusionex (FXI:AIM) 390p

Gain to date: 30%

Previous Shares view: Buy at 387.5p, 4 Jun 2015

We’ve been long-run fans of Malaysian business intelligence and analytics software supplier Fusionex (FXI:AIM), and a highly promising strategic partnership with US tech giant Dell only re-enforces that view. This agreement will see the pair team up to provide customers in Asia with industry-leading, easy-to-deploy big data analytics solutions, or in other words, Fusionex’s GIANT tools suite.

‘We view this significant milestone as the beginning of a great partnership with immense potential,’ spells out Fusionex CEO Ivan Teh, adding that ‘together, we will be able to offer Fusionex’s GIANT software and Dell’s infrastructure to form a complete end-to-end solution.’

That Dell is also in the middle of the takeover of IT delivery expert EMC (EMC:NYSE) also suggests that Fusionex’s end market will expand significantly down the line too.

Shares first flagged the growth potential back on 9 January 2014, and we pitched the stock as a Play of the Week on 27 November 2014 at 300p. As with many UK equities, 2015 has proved to be a bumpy ride yet the stock now trades 30% up on that Play, and we have little doubt that the company and the share price will continue their forward trajectory in the years ahead. Still a buy. (SFr)