magazine archive
magazine archive
Smaller Companies
Corero wins DDoS deals
Thursday 10 Nov 2016A mini stream of new business wins may suggest Corero Network Security ( CNS:AIM ) is starting to build meaningful market share against bigger rivals. Since publishing half year results on 13 September, the distributed denial of service (DDoS) cyber security company has bagged $1.1m worth of...
Fishing Republic looks enticing
Thursday 10 Nov 2016We like Fishing Republic ( FISH:AIM ) despite it treading water at 39p following a profit warning (22 Sep). One of the UK’s biggest fishing tackle retailers by floor space, Fishing Republic is consolidating a highly fragmented market and may itself draw a bid in time. Northland has a 47p price...
Jersey prepares for big well
Thursday 03 Nov 2016Shares in AIM-quoted oil exploration and production company Jersey Oil & Gas ( JOG:AIM ) have risen by more than 50% since late October to 98.5p as its partner Statoil (STO:STLO) begins to shoot seismic on its North Sea licence P2170. The data is being acquired with a view to drilling a well on...
Plant Impact eyes 2018 profit
Thursday 03 Nov 2016Sales momentum at agrichemical supplier Plant Impact ( PIM:AIM ) could help the business hit profitability in 2018, according to estimates from broker Peel Hunt. Results in the year to 31 July 2016 showed the Herfordshire-based business grew its top line 60% to £7.2m. As well as offering a rare UK-...
Firing Statpro growth gun
Thursday 03 Nov 2016Analysts at N+1 Singer believe Statpro ( SOG:AIM ) is closing on its first meaningful growth in years. The software supplier to asset managers has been investing in a switch from licence fees to a subscriptions model. The broker is forecasting a 28% hike in 2017 pre-tax profit to £3.5m. (SF) ‹...
Gateway to Asia for EGS
Thursday 03 Nov 2016Back office optimisation software specialist EG Solutions ( EGS:AIM ) has secured its first ever direct Asia Pacific contract, a win that the company hopes will trigger future new business in the region. EG will supply its operational intelligence suite to a consumer banking organisation in...
Double down on DekelOil
Thursday 03 Nov 2016A premium-priced bid for Indonesian palm oil producer M.P. Evans ( MPE:AIM ) offers a positive read-across for smaller peer DekelOil ( DKL:AIM ) , the operator and 86% owner of a profitable palm oil project in Cote d’Ivoire. M.P. Evans has received majority shareholder support to reject (26 Oct)...
Green shoots of recovery at Immunodiagnostic
Thursday 27 Oct 2016A rally at in-vitro diagnosics (IVD) specialist Immunodiagnostic Systems ( IDH:AIM ) could be a sign of things to come if ambitious growth targets can be met. Immunodiagnostic recorded an underlying revenue decline of 9% in the six months to 30 September an improvement from full-year declines of 18...
Vislink crosses fingers on sale funding
Thursday 27 Oct 2016Questions are being raised over the funding arrangements behind Nasdaq-listed XG Technology’s (XGTI:NDQ) $16m acquisition of part of broadcast technology specialist Vislink ( VLK:AIM ) . On 20 October the UK company reported the planned sale of its core Vislink Communication Systems hardware...
Bond’s final hurrah
Thursday 27 Oct 2016The ante has been raised again in the battle for control of Bond International ( BDI:AIM ) , the recruitment software provider. US private equity firm Symphony Technology has re-entered the frame, trumping a rival buyout offer worth 121p per share by Constellation Software by tabling between 127p...