magazine archive
magazine archive
Smaller Companies
SolGold to graduate to Main Market
Thursday 27 Jul 2017SolGold ( SOLG:AIM ) plans to move from AIM to the Main Market on 21 August. The Australian gold miner believes the new listing will provide a ‘more appropriate platform for its growth and market cap’, which is over £550m. SolGold hopes being on the Main Market will raise its global profile and...
Learning Technologies smart acquisition
Thursday 27 Jul 2017Many dislike the term ‘buy-and-build model’ but speaking to CEO Jonathan Satchell back in April he said his company, Learning Technologies ( LTG:AIM ) , is ‘unashamedly so’. It seems the company may have found the right targets. Paul Richards, an analyst at Numis, says that the company’s first half...
Thalassa abandons subsidiary sale
Thursday 20 Jul 2017Oil services minnow Thalassa ( THAL:AIM ) is shelving plans to sell its marine seismic subsidiary WGP Group after it determined third party proposals did not provide shareholders with sufficient value. Noting a gap between its market value and what it sees as the intrinsic value of its assets, the...
Monthly sales at Venture Life hit five-year high
Thursday 20 Jul 2017Marketing efforts at Venture Life ( VLG ) appear to be paying off as its UltraDEX products, including toothpaste and mouthwash, in June enjoyed their highest month of sales over the last five years. The company promoted the product range in the UK through TV advertising and promotions through...
Arena gets its skates on
Thursday 20 Jul 2017Arena Events is hoping to raise £60m as it seeks an initial public offering on AIM. The business provides temporary venues, seating and interior fixtures for things like seasonal ice rinks, for example. It works on big sporting tournaments such as recently finished Wimbledon, and the Ryder Cup golf...
Sound Energy switches focus to Morocco
Thursday 20 Jul 2017One of AIM’s 2016 success stories, Sound Energy ( SOU:AIM ) is in recovery mode after a big sell-off in response to a disappointing result from the Badile well in Italy. We think the shares are attractive at the current 53p level. Badlie was a highly anticipated gas exploration well onshore Italy...
Gateley offers the full service
Thursday 20 Jul 2017Investing in the only law firm listed in London, Gateley ( GTLY:AIM ) , may not appear a sound decision. These companies are ‘people’ businesses, their tangible assets are their lawyers who make money through client instructions. Others in the legal market have seen their companies decimated by...
Applegreen sips on Brandi acquisition
Thursday 13 Jul 2017Irish food and petrol forecourt operator Applegreen ( APGN:AIM ) has pumped up its growth potential with a major US acquisition. The $75.5m purchase (6 Jul) of forecourt retailer Brandi, in partnership with a US institutional real estate investor, provides the Dublin-headquartered concern with a...
Superyacht services group off to a good start
Thursday 13 Jul 2017Superyacht refitting company GYG ( GYG:AIM ) has risen by nearly 15% to 114.5p since joining AIM on 5 July. It claims to have half of the top superyacht owners as clients. The company paints new and existing vessels and sells maintenance materials and spare parts mainly to trade customers. Chief...
Future acquires Centaur's home interest division
Thursday 13 Jul 2017Total Film publisher Future ( FUTR ) has agreed to acquire Centaur Media’s home interest division for £32m on 7 July. The company will use the acquisition to diversify its revenue streams and add ‘significant scale’ in its events business. Centaur Media ( CAU ) will use some of the proceeds to buy...