magazine archive
magazine archive
Great Ideas Update
Elementis set for further growth
Thursday 09 Nov 2017Specialty chemicals business Elementis ( ELM ) is set to grow operating profit across the board despite unplanned production outages in its chromium division and raw material cost inflation. Earlier this year, we were impressed by Elementis’ $360m acquisition of antiperspirant ingredients...
SciSys re-rating has further to run
Thursday 09 Nov 2017Six months ago investors were being spooked by reports that Brexit could scupper European Space Agency (ESA) work for SciSys ( SSY:AIM ) . How wrong that now looks in the face of the recent €18m deal to supply ground station control and communications technology on an ESA satellites mission...
Midwich is on a roll
Thursday 09 Nov 2017Audio visual (AV) distributor Midwich ( MIDW:AIM ) expects the global AV market to reach $230bn by 2022, it said at a capital markets day in October. That equates to a compound annual growth rate (CAGR) of 5%. The European AV market is expected to hit $53.5bn by 2022, good news for a company with...
Nexus Infrastructure reveals attractive order book boost
Thursday 02 Nov 2017Engineering services group Nexus Infrastructure ( NEXS:AIM ) says its order book has progressed from circa £180m in July to now sit at £202m. The bulk of the order book relates to its core brand Tamdown which builds roads, undertakes earthworks, creates drainage systems and constructs reinforced...
Avesoro reveals significant production growth plan
Thursday 02 Nov 2017It’s not been the best start to our trade on gold miner Avesoro Resources ( ASO:AIM ) thanks to downgraded full year production guidance weighing on the share price. However, we originally said investors must be patient and that near-term results wouldn’t be outstanding as the company was still...
Triple whammy of bad news for WPP
Thursday 26 Oct 2017We added advertising business WPP ( WPP ) to our Great Ideas portfolio in August after the shares fell sharply on a profit warning alongside its first half results. We continue to view the discount to its long-term average price-to-earnings (PE) ratio as an attractive entry point into a quality...
Hilton Food growth plans pack a punch
Thursday 19 Oct 2017Our positive call on retail meat packing specialist Hilton Food ( HFG ) is so far 10.4% in the money. We’re running this winner for further upside, as the £571.5m cap is growing its volumes with supermarkets around the world and exporting its cash generative business model to additional territories...
Downgraded earnings expectations for RSA
Thursday 19 Oct 2017Don’t panic if a third quarter trading update from FTSE 100 constituent RSA Insurance ( RSA ) on 2 November reveals chunky catastrophe losses. The market has already been pricing in bad news, as reflected by share price weakness over the past few months. The insurer issued a brief trading update on...
Impax’s momentum continues to build
Thursday 12 Oct 2017Impax Asset Management ( IPX:AIM ) 150.5p Gain to date: 18.9% Original entry point: Buy at 126.6p, 21 September Our bullish stance on sustainable investment focused asset manager Impax Asset Management ( IPX:AIM ) is paying off. The company’s recent acquisition of US peer Pax World Management has...
SDX makes Egypt oil discovery
Thursday 12 Oct 2017SDX Energy ( SDX:AIM ) 52p Gain to date : 35.9% Original entry point: Buy at 38.23p , 2 February 2017 North African oil and gas producer SDX Energy ( SDX:AIM ) is heading in the right direction again after announcing a discovery on its West Garib concession, onshore Egypt. The Rabul 2 well looks to...