magazine archive
magazine archive
Smaller Companies
Impax Asset Management has growing green appeal
Thursday 18 May 2017Environmentally focused Impax Asset Management’s ( IPX:AIM ) first half results to 31 March show £830m of inflows into its funds. Chief executive Ian Simm says the environmental markets in which the firm invests should benefit from the US’s shale and oil industry as there is greater need for clean...
Transport problems take shine off miner
Thursday 11 May 2017Gold Digger Caledonia Mining ( CMCL:AIM ) has downgraded its 2017 production guidance by up to 13% due to transportation issues. It now expects to produce between 52,000 and 57,000 ounces versus the previous 60,000 ounce target. Earnings guidance is slashed by up to 29%; moving from 34c to a range...
Waterman in £43m takeover approach
Thursday 11 May 2017Small cap engineering consultancy Waterman ( WTM ) has received a 140p per share takeover offer, representing an 83% premium to the market price on the night before the news. The offer has come from Japanese consultant CTI which will fund the deal out of its existing cash pile. The deal, which...
First Property is greedy when others are fearful
Thursday 11 May 2017Commercial real estate investor First Property ( FPO:AIM ) is becoming more serious about the UK for the first time in 10 years. The company exited most of its UK property in 2007 as its chief executive Ben Habib says the market had ‘topped out’. The company subsequently moved into Polish...
Porta shares rally as founder quits
Thursday 11 May 2017The market seems to believe a board reshuffle can revive the fortunes of media firm Porta Communications ( PTCM:AIM ) . At 3.5p the shares are up nearly 30% since executive chairman David Wright announced his retirement. He is replaced by John Foley who also does a similar role at safety testing...
The next big exciting small cap growth story
Thursday 11 May 2017Tune into the increasingly sweet-sounding growth story offered by Focusrite ( TUNE:AIM ) at 263p. Forecast-busting half year figures (3 May) and a confident outlook suggest scope for additional earnings upgrades from this high margin, strong cash generator at the forefront of technology...
Crawshaw’s meaty growth menu
Thursday 04 May 2017Use weakness at butcher and food-to-go retailer Crawshaw ( CRAW:AIM ) as a buying opportunity at 30.13p. Returned to positive cash generation after a tough period, Crawshaw’s tie-up with 2 Sisters is a potential game-changer, offering a catalyst for strong top and bottom-line growth. In recovery...
Blancco scare divides opinion
Thursday 04 May 2017A cash flow review that forced an emergency £4m fund raise by data erasing business Blancco Technology ( BLTG:AIM ) is dividing opinion. Some analysts believe this is a symptom of ‘growing pains’ as the business expands, others criticise ‘poor cash management.’ One broker’s analysis identifies a...
Tough casual dining market hurts Richoux
Thursday 04 May 2017Restaurants operator Richoux ( RIC:AIM ) is latest quoted casual dining firm to experience a bad start to 2017, following similar pains experienced by Comptoir ( COM:AIM ) and Tasty ( TAST:AIM ) Its shares fell 27% on 27 April in response to the news, not helped by saying it needs to raise more...
Morses Club eyes revenue boost
Thursday 04 May 2017Morses Club ( MCL:AIM ) , the second largest home collected credit lender, is using technology to ‘enhance customer and agent experience’. Agents will carry tablets so they don’t have to write down everything manually. This allows them to visit more customers and potential customers per day and...