magazine archive
magazine archive
Smaller Companies
Fortify your defences with Games Workshop
Thursday 29 Jun 2017Given the deteriorating outlook for the UK consumer, investors would do well to add some defensive ballast to portfolios. Fantasy miniatures maker Games Workshop ( GAW ) is a good example. The £387m cap has a loyal base of global customers. These are hobbyists who are nigh-on obsessional about the...
Blur is on the verge of collapse
Thursday 29 Jun 2017Business service marketplace Blur ( BLUR:AIM ) is in a frantic dash for cash to save it from complete collapse. At the end of May the company had just $1.14m, which may only be enough for three or four months before it runs out of money. Blur has previously raised around £25m since it floated in...
Debt deal sends Avanti soaring
Thursday 22 Jun 2017Satellites operator Avanti Communications ( AVN:AIM ) saw its share price rocket 22% to 9.7p on 16 June after securing a $100m debt deal. The agreement incurs interest at 7.5% annually. It will allow Avanti pay off a more expensive 10% interest rate, $50m loan facility. The rest will be spent on...
Fashion retailer Quiz heading for stock market
Thursday 22 Jun 2017Womenswear retailer Quiz intends to float on AIM in July with a speculated £200m valuation. Its chairman Peter Cowgill is best known for his leadership of JD Sports Fashion ( JD. ) . The Scottish business focuses on occasion wear and dressy casual wear for 16-to-35 year olds. It has a similar ‘test...
Severfield profit almost doubles
Thursday 22 Jun 2017Structural steel business Severfield ( SFR ) is riding high after a strong set of full year results (published on 14 June). In the 12 months to 31 March 2017, pre-tax profit advanced 88.5% to £18.1m after the company carried out 110 projects including a roof for Wimbledon’s Number 1 tennis court...
Moss Bros is measuring up for growth
Thursday 22 Jun 2017Despite worsening sentiment towards domestic retailers some select names continue to look set for growth. Among them is Moss Bros ( MOSB ) , the men’s tailoring specialist. The business has a number of growth initiatives underway. Cantor Fitzgerald analyst Mark Photiades has a ‘buy’ rating and 130p...
The small cap whose share price could rise 75%
Thursday 22 Jun 2017Shares in bathroom fit-out specialist Norcros ( NXR ) look cheap despite the company delivering an eighth consecutive year of revenue growth in the 12 months to 31 March 2017. At 173p, the shares trade on 6.1 times stockbroker Numis’ forecast earnings per share (EPS) of 28.5p for the year to March...
Seplat surges as oil flows
Thursday 15 Jun 2017Indigenous Nigerian oil producer Seplat ( SEPL ) is riding high as it recovers lost crude output after force majeure is lifted on the Forcados export terminal in the country. The company announced on 7 June that as a result it was able to successfully reinstate production from its fields to a level...
Walker Greenbank’s walking tall
Thursday 15 Jun 2017Luxury interior furnishings play Walker Greenbank ( WGB:AIM ) is well placed for healthy profit growth in the years ahead. Growing overseas earnings and the absence of flood distractions which previously hurt the business leave the £143m cap on course for a much improved year. Performance in the...
Tribal passes repairs stage
Thursday 15 Jun 2017Tribal ( TRB:AIM ) is making the switch from restructuring to a business execution phase. It is paying £1.25m for intellectual property for the Wambiz private social network, to be tied in to its new student information framework. Tribal provides student management systems and inspection services...