magazine archive


magazine archive

Smaller Companies

Biometrics group in surprise decision to float in UK

Thursday 14 Sep 2017

Shares in AIM-quoted cash shell Polemos ( PLMO:AIM ) have been suspended after it agreed a reverse takeover of US-based cyber security group SecurLinx. The deal values SecurLinx at £17.8m and will be paid for through the issue of 51m Polemos shares. SecurLinx is a specialist in biometric...

Alpha FX takes market by storm

Thursday 14 Sep 2017

Currency manager Alpha FX ( AFX:AIM ) , which joined the stock market in April this year, managed to grow revenue by 90% in the six months to 30 June to £6.3m. It is a small player in market dominated by multinational banks and makes up for less than 1% of the UK corporate foreign exchange market...

Safestyle loses 50% of value in four months

Thursday 14 Sep 2017

Windows and doors retailer Safestyle UK ( SFE:AIM ) has halved in value since May thanks to issuing three profit warnings in five months. The latest warning came on 8 September where the company warned orders had declined ‘beyond the board’s expectations’ since July. Disappointing annual profits...

McBride shines after fixing its business

Thursday 14 Sep 2017

Margin improvements under a winning transformation strategy and scope for growth are reasons to keep buying private label household-to-personal care products play McBride ( MCB ) . Investment bank Investec believes you could make at least 25% return over the next 12 months, based on its 250p price...

Midwich pleases with outstanding results

Thursday 14 Sep 2017

Audio visual distributor Midwich ( MIDW:AIM ) ticked up 6.6% to 420p on strong half year results (12 Sep). Revenue grew 34% to £211.6m with adjusted pre-tax profit up 36% to £10.3m, year-on-year. Shareholders are also being treated to a 36% hike in the dividend to 4.2p. Midwich is now up 12% since...

Microgen buy-and-build risk worth taking

Thursday 07 Sep 2017

Financial services software supplier Microgen ( MCGN ) has agreed the £9.7m purchase of RevStream. It is a California-based enterprise revenue management software designer with more than half its revenues earned on a recurring contracts basis. Microgen is paying £9.7m in a cash and shares deal...

Finsbury Food's a tasty value stock

Thursday 07 Sep 2017

A share price pullback at diversified bakery group Finsbury Food ( FIF:AIM ) represents a buying opportunity ahead of full year results (18 Sep). Reassuring commentary despite trading amid tough industry conditions and potential for updates on new license and customer wins or even further...

Destiny to float on AIM and fight antibiotic resistance

Thursday 31 Aug 2017

Destiny Pharma plans to raise approximately £10m when it floats on AIM on 4 September. The money will help it complete the study for its drug product XF-73 which aims to tackle the global challenge of antibiotic resistance. XF-73 is designed to rapidly bind to bacterial membrane and make it porous...

Zotefoams is one of our favourite chemical stocks

Thursday 24 Aug 2017

Materials technology firm Zotefoams ( ZTF ) is one of our top picks in the chemicals sector thanks to healthy profit margins and strong investment in the business to keep it competitive. Zotefoams manufactures lightweight polyolefin foams and sells high performance products. It also licenses its...

AorTech shares soar on financial update

Thursday 24 Aug 2017

Heart valve developer AorTech International ( AOR:AIM ) saw its shares almost double in value last week to 21.25p after saying it had moved into an operating profit and costs had been reduced. The shares have since eased back to 16.75p at the time of writing. The company remains in an extended...

Pages