The AIM Index stands at 642.49, having risen by an encouraging 8.3 per cent during September, albeit rallying more slowly than the 9.4 per cent gain posted over the course of August. However, although stories of ‘green shoots’ are to be found, downbeat news still abounds.
Recent significant share price losers of late include metals developer Triple Plate Junction, which toppled 44 per cent to 0.62p over the last month after revealing a cash constrained pull-out from its other interests to focus on its operations in Papua New Guinea. Debt management specialist Relax plunged 32 per cent to 13.5p, after revealing it too needed more cash, while European Islamic Investment Bank fell 22 per cent to 2.93p after admitting the ‘Middle East and the Islamic financial sector have not been immune’ to the global recession and that it had slipped from profits into losses of £16.1 million in the half to June.
Ukrainian rape-seed producer Landkom wilted 35 per cent to 10.5p after its chief executive resigned, and the shine came off ‘jeweller to the Beckhams’, Theo Fennell, which had enjoyed a recent resurgence since its eponymous founder returned to lead its recovery, with its shares diving by 28 per cent to 33p on news of £2 million annual losses.
Gain instant access to some of the best-performing and fastest growing companies in the small cap arenaClick here
Advertisement
Online tools to make investments easy and low admin fee from The Share Centre. Find out more.
Gain instant access to some of the best-performing and fastest growing companies in the small cap arena. Sign up NOW!
This unique study analyses the shareholdings of companies listed on AIM, extracting trends including rankings of the value and number of their investments.
Please click here to order your copy of the report or call 0207 250 7056.
Informative features and research on fast-growing companies, small-cap and growth stocks, penny shares, stock market tips and share recommendations, directors' dealings, company news and analysis, new issues and upcoming IPOs.
If you're interested in business tax updates visit our specialist tax guide website.
In-depth coverage of selected AIM companies within the small-cap and fast growing company sector including AIM and PLUS Markets shares and listed stocks. Company research and analysis from GCI analysts updated daily.
Advertisement
Paul Marriage, who has been investing in small-caps for over a decade, explains to Ellie Duncan how his unique stockpicking strategy has produced consistent returns
With a flurry of buys and sells taking place across the junior market, it pays to think carefully about directors’ intentions, says Ben Jaglom
The tricky IPO market over recent years has led to careful vetting by institutional investors. Miles Nolan investigates two impressive newcomers