magazine archive
magazine archive
Smaller Companies
Quick-fire success for Sopheon
Thursday 15 Jun 2017Micro cap Sopheon ( SPE:AIM ) has secured two-thirds of its targeted $26m revenue for the year to 31 December 2017, with just over six months still to run. The product development and lifecycle management software supplier has confirmed $17.5m worth of revenue. Sopheon is also aggressively widening...
Lamprell revived by Saudi tie-up
Thursday 08 Jun 2017Oil rig refurbishment and construction specialist Lamprell ( LAM ) is close to 12-month highs of 117p after recently agreeing a joint venture with Saudi Aramco to develop the biggest maritime yard in the region. The ‘transformational’ $5.2bn venture is expected to see Aramco become one of Lamprell’...
The small oil stock with big potential
Thursday 08 Jun 2017Trinidad-focused oil company Trinity Exploration & Production ( TRIN:AIM ) has been one of the best performing oil stocks this year on AIM following the completion of its financial restructuring in January. The shares, which were suspended at 1.75p last July before the balance sheet fix, now...
£10m setback for Stride Gaming
Thursday 08 Jun 2017Online bingo operator Stride Gaming’s ( STR:AIM ) share price took a small hit on news (30 May) of a further weakening in its social gaming business. Stride will suffer a £10.2m impairment charge on its social gaming assets, yet the good news is its core real money gaming business is gaining share...
Output and pricing lift OPG income hopes
Thursday 08 Jun 2017City analysts are increasingly reassured that Indian power supplier OPG Power Ventures ( OPG:AIM ) is back on track. But investors seem less willing to give the benefit of the doubt, possibly creating a valuation anomaly and buying opportunity. The £150m AIM company issued a brief year-end update...
Horizon dips on full year numbers
Thursday 08 Jun 2017Gene editing company Horizon Discovery ( HZD:AIM ) has suffered a 14.4% share price drop since its full year results on 30 May. Broker Panmure Gordon analyst Mike Mitchell downgraded the stock from ‘buy’ to ‘hold’. He was put off by Horizon’s higher than expected cash burn and the absence of...
Headlam’s flooring the competition
Thursday 01 Jun 2017European floor coverings distributor Headlam ( HEAD ) continues to outperform peers and profitably consolidate its chosen markets. Steered by chief executive Steve Wilson who is focused on driving operational efficiencies across the business, we admire Headlam for its consistent market share gains...
Target price hike for ECSC
Thursday 01 Jun 2017The recent WannaCry ransomware attack that shut down many NHS IT systems has sparked a massive valuation rethink at cyber security tiddler ECSC ( ECSC:AIM ) . Broker Stockdale has raised its 12-month share price target from 360p to 600p. ‘We forecast ECSC to return to profit in 2018 and deliver an...
Nine small caps tipped to ‘outperform’
Thursday 01 Jun 2017A handful of technology stocks, a make-up supplier, a mortgage adviser and a pharmaceutical firm are among a list of smaller company shares expected perform strongly over the coming few months. The nine featured companies are highlights from a quantitative number-crunching exercise conducted by...
Wynnstay bitten by its pet retail chain
Thursday 01 Jun 2017Agricultural products supplier Wynnstay ( WYN:AIM ) has warned first half profit will be down year-on-year. The culprit is the Just for Pets retail chain, seeing subdued demand and become loss making. The encouraging news is Wynnstay’s core agri activities will show a better performance as trading...