magazine archive
magazine archive
Smaller Companies
Important turning point for Be Heard
Thursday 06 Apr 2017Digital marketing buy-and-build venture Be Heard ( BHRD:AIM ) is starting to look very interesting now it has laid the foundations for an ambitious growth push. Investors should accept the business may need to keep issuing new shares to raise money for acquisitions. That’s one of the key reasons...
IQE’s earnings upgrade cycle accelerates
Thursday 30 Mar 2017Earnings forecasts have been raised again for compound semiconductor technology IQE ( IQE:AIM ) and the positive trend is expected to continue through 2017. Analysts at broker Canaccord Genuity increased their 2017 revenue estimate by £6m to £144m. Number crunchers at N+1 Singer have also upped...
Frontier Smart’s earnings breakthrough
Thursday 30 Mar 2017Digital radio technology tiddler Frontier Smart Technologies ( FST:AIM ) has chalked-up its first full year profit at the earnings before interest, tax, depreciation and amortisation (EBITDA) level. The £0.7m posted for the 12 months to 31 December 2016 was well ahead of analyst expectations...
Profit forecasts slashed after Van Elle profit warning
Thursday 30 Mar 2017Engineering contractor Van Elle ( VANL:AIM ) has issued a profit warning less than five months since floating on the stock market. It has blamed contract delays. Stockbroker FinnCap has slashed its pre-tax profit forecast by 13.4% for the financial year ending 30 April 2017 and by 24.6% for the...
Falcon focuses on internet TV
Thursday 30 Mar 2017Falcon Acquisitions ( FAL:AIM ) has emerged from an eight month suspension as an over-the-top ( OTT ) broadcast technology company. The share suspension followed its takeover of Orbital Multi Media, first announced in July 2016. Falcon has also bought direct-to-consumer media technology company...
Score with Science in Sport
Thursday 30 Mar 2017Improved earnings and increased interest by large companies in the sports nutrition market strengthen our conviction in Science in Sport ( SIS:AIM ) . A strong pipeline of new products could help the £37m market cap sustain positive earnings momentum in the year ahead. Full year results (reported...
Forterra looks great now debt is under control
Thursday 23 Mar 2017The UK’s second-biggest brick maker Forterra ( FORT ) looks undervalued as its debt reduction plans progress ahead of schedule and demand from the housebuilding sector remains robust. We recently added its peer Ibstock ( IBST ) to our Great Ideas portfolio and Forterra trades at a significant...
Expect fireworks at French Connection
Thursday 23 Mar 2017A fifth successive year of losses, sales down in retail and wholesale and a prolonged restructuring programme leave shares in fashion brand French Connection ( FCCN ) languishing at 38.25p. Don’t write off the company just yet as there could be excitement ahead. Activist shareholders are arguing...
M&C Saatchi makes strong start to 2017
Thursday 23 Mar 2017PR and advertising outfit M&C Saatchi ( SAA:AIM ) , currently trading at 350p, is continuing the strong momentum seen last year. On 16 March 2017 the company reported revenue ahead of consensus up 26% to £225.3m for 2016 with the net cash position at £3.6m. The company says the new financial...
Crossrider’s cyber security move
Thursday 23 Mar 2017App distribution platform Crossrider ( CROS:AIM ) is continuing the transformation process launched by chief executive Ido Erlichman last year. Don’t worry about 2016 revenue falling by a third to $56.5m. That reflects the company’s withdrawal from the ad tech space. More recently it spent €9.2m on...