magazine archive
magazine archive
Smaller Companies
Shoe Zone keeps going in a tough market
Thursday 16 Feb 2017We are keeping the faith with budget footwear purveyor Shoe Zone ( SHOE:AIM ) despite the uncertain sector outlook. The company pays an attractive dividend which we think is sustainable and its new large store format is letting the company trade in previously-inaccessible towns. The ‘big box’...
GoTech’s obesity battle
Thursday 16 Feb 2017Health and fitness technology micro cap Guscio has changed its name to GoTech ( GOT:AIM ) as it looks to build a more meaningful brand with consumers and investors. The company is using data analysis aimed at fighting the global obesity battle, particularly in children, by developing a range of...
St Ives’ dividend is under threat
Thursday 16 Feb 2017Investors tempted to take advantage of a 70% share price dive in printer and marketing services play St Ives ( SIV ) over the past year should beware further nasty surprises. We believe the company could cut or suspend its dividend when it reports half year results on 7 March. The company issued...
Advanced Oncotherapy shock
Thursday 09 Feb 2017Sinophi Healthcare has backed out of a deal with proton therapy systems developer Advanced Oncotherapy ( AVO:AIM ) , causing the latter’s stock to fall more than 10% on the news. Having previously ordered two systems for cancer treatment, Sinophi failed to seal agreements with hospitals in China. (...
Adept Telecom ups M&A ante
Thursday 09 Feb 2017Outsourced IT and communications supplier Adept Telecom ( ADT:AIM ) has negotiated a new funding arrangement twice the size of its previous one. The fresh £30m revolving credit agreement seems to imply the company is looking at increasingly bigger acquisitions to accelerate scale in its target SME...
Marlowe strikes a scorcher of a deal
Thursday 09 Feb 2017Marlowe’s ( MRL:AIM ) acquisition of BBC Fire Protection (3 Feb) will boost its pre-tax profit by 12% in the financial year to March 2018, according to broker Cenkos. The support services group is backed by several people associated with highly successful document storage business Restore ( RST:AIM...
Cello has US biotech opportunity in its sights
Thursday 09 Feb 2017An oversubscribed fundraising (1 Feb) reflects healthcare marketing play Cello’s ( CLL ) scarcity value as means of gaining exposure to an attractive US pharmaceutical and biotechnology industry. The company raised £15m at 97p (a modest discount to the prevailing share price) alongside the $5.75m...
Autins CEO walks out six months after IPO
Thursday 09 Feb 2017Rugby-based Autins ( AUTG:AIM ) has dealt investors a massive blow just six months after joining the stock market. Chief executive Jim Griffin has walked out in the wake of a shock profit warning as a major customer changed the terms of a supply deal, cutting volumes and altering the timing of...
Stick with Wynnstay
Thursday 02 Feb 2017Patient investors who have persevered with agricultural inputs supplier-to-specialist retailer Wynnstay ( WYN:AIM ) through the agri-sector downturn have been rewarded with a rally to 542.5p. Shares remains supportive of the income stalwart. Full year results (25 Jan) included an 8% dividend hike...
Troubled recruiter could be at a turning point
Thursday 02 Feb 2017Recruitment agency and management consultant Parity ( PTY:AIM ) looks more interesting after an internal shake-up. Profit margins and cash generation are improving and we believe it may soon sell a non-core business, the proceeds of which could help repair its weak balance sheet. Parity’s founder...