magazine archive
magazine archive
Smaller Companies
Vp strengthens tool hire arm with largest ever acquisition
Thursday 16 Nov 2017Equipment rental specialist Vp’s ( VP. ) acquisition of Brandon Tool Hire from private equity group Rutland Partners is big news for the company and should boost earnings within 12 months. It might appear a risky departure from Vp’s normal strategy but chief executive Neil Stothard says ‘the only...
Footasylum shares off to an impressive start
Thursday 09 Nov 2017Shares in branded footwear and clothing retailer Footasylum ( FOOT:AIM ) have risen by nearly 25% on their IPO (initial public offering) price in less than a week. Investors are clearly banking on the retailer being the next big thing, helped by having support from several well-known names in the...
Lok’n Store set for big expansion
Thursday 09 Nov 2017Storage space provider Lok’n Store ( LOK:AIM ) looks an attractive prospect as it gears up for the most significant period of expansion in its history. With a pipeline of 11 new locations set to be opened (mainly in retail locations) out to 2020, the group is positioning itself to take advantage of...
Elektron is on the comeback trail
Thursday 09 Nov 2017Shares in tiny electronics engineer Elektron Technology ( EKT:AIM ) jumped 14% to 19.5p on 2 November after a surprisingly strong third quarter trading update. Sales in the three month period increased by 34% year-on-year, principally thanks to success in Elektron’s specialist connector arm Bulgin...
Nighthawk soars on farm-out deal
Thursday 09 Nov 2017Shares in small cap oil and gas play Nighthawk Energy ( HAWK:AIM ) have risen to 0.35p after it secured a new partner on its Monarch project. A Denver-based privately held firm is set to take up to 80% of the project in return for meeting the drill and production test costs of a well and making a...
Is it time to look at Distil again?
Thursday 09 Nov 2017A pullback from 3.725p in August to 2.3p at premium drinks brand owner Distil ( DIS:AIM ) may interest investors looking for opportunities in stocks which have previously enjoyed strong rallies. Distil saw its share price more than triple in value between the start of 2017 and late summer. The...
Phoenix confident its mine is rich in copper
Thursday 02 Nov 2017A company hoping to reopen an old copper mine in the US will this month provide investors with an updated estimate for how much easy-to-access metal is contained in its Empire project in Idaho. Phoenix Global Mining ( PGM:AIM ) is confident of boosting the current estimate of 68,200 tonnes of...
Zoo Digital is finding its growth voice
Thursday 02 Nov 2017TV and film broadcast services business Zoo Digital ( ZOO:AIM ) is set to make a profit breakthrough early next year. Analysts at FinnCap anticipate $300,000 of pre-tax profit for the 12 months to 31 March 2018 on a 27% jump in revenue to $21m. Last year Zoo reported sales of $16.5m and a modest...
DotDigital looks to accelerate growth
Thursday 26 Oct 2017Digital marketing technology supplier DotDigital ( DOTD:AIM ) is looking for acquisitions to bolster growth. The last financial year’s 19% revenue growth to £32m was achieved entirely through organic means. Pre-tax profit for the 12 months to 30 June 2017 jumped 30% to £8.1m. The UK remains...
Why bad weather is good news for BP Marsh
Thursday 26 Oct 2017Insurance companies have been in the headlines recently due to a number of destructive forces of nature wrecking havoc across the US, the Caribbean and Mexico. BP Marsh ( BPM:AIM ) invests in the insurance sector so you might think it’s one to avoid due to heavy payouts by the insurance sector. You...