87 days ago
I realise that I am yet to send out the 2023 and 2024 readers tips of the year prizes. But two bottles of Greek Hovel Olive oil (January 2025 harvest) have now been poured and I aim to send them this week. Meanwhile, after the Trump market upset our writers are penning 8 new tips of the year (Easter to December 31) so why should readers not have another contest. As ever the prize here is Greek Hovel olive oil.
221 days ago
Today’s announcement by Gamma Communications (GAMA) that it is planning to leave the AIM casino and move up to the Main Market is a positive for the company. According to its AIM admission document it joined AIM on 10 October 2014 at a Market Capitalisation of £165.2 million. Gamma’s market capitalisation now is £1.5 billion with shares up over 700% since its listing. This is what AIM should be about, good quality companies listing which grow in size and reward shareholders and graduating to the Main Market.
1155 days ago
It is only ten and a half months since online furniture seller Made.com (MADE) listed on the Main Market, raising £100million by issuing new shares at 200p while existing shareholders lobbed out a cheeky £90 million of stock onto gullible institutions. Today, after a dismal profits warning, the shares are just 56p to sell. Meanwhile another rat has left the sinking ship as it burns through its ill gotten IPO gains ever more rapidly.
2132 days ago
Diversified Gas & Oil (DGOC), the largest oil company on AIM and an enterprise whose accounts are being scrutinised by the FRC for a wholesale breach of IFRS guidelines, has announced it plans to move from the Casino to the Premium segment of the Main Market of the London Stock Exchange in Q1 2020. Both Avanti (AVN) and Quindell (QPP) made similar promises to try to keep their shares afloat. Neither actually made it off AIM as promised although, several years later, an almost bankrupt Avanti will be delisting altogether.
3159 days ago
The headline is "Zegona to appoint KPMG as auditor." For Zegona (ZEG) which upgraded from AIM to the main market just over a year ago that sounds like a positive enough move. But...
3477 days ago
Investment Case: Despite in its current form only listing last year, principally IT personnel provider FDM Group (FDM) is a company we have have previously followed – its shares having previously been on AIM before the group was taken private in 2010. The shares were re-listed, this time on the main market, in June 2014 at 287p and exceeded 575p a couple of months ago before slipping back to a current 530p offer price. This makes its operational growth momentum and (growing) dividend interesting and sees the shares now rated as a buy.
3730 days ago
I met up with Mark Gustafson of main market listed Challenger Acquisitions (CHAL) before UK Investor Show 2015 and he seemed very switched on indeed. His presentation and the show was captured on video so see what you think.
