Take a look at the FTSE Small Cap Index, battered down to 1845.33 against a rosier 2617.36 a year ago (the FTSE has fallen from 5166 to 3945.6). That suggests a swathe of struggling companies, but the reality is far more mixed, indeed, promising for small cap bottom fishers. Savvy investors will find a tremendous amount of value among the smaller company ranks, a case outlined by positive news from a number of ventures in January.
Dick Nelson, chief executive of promotional products business 4imprint, said that a profits warning put out on Friday was 'exclusively due to the tragedy on September 11', and that business had been going very well up until that moment. But the market, unsurprisingly, took a dim view and the shares plunged 24 per cent.
Taking place on September 19th in London, explores the current state of the strategy, its effect on the structure and operations of European corporations, and examines best practices and corporate governance initiatives that public company boards can implement to proactively position themselves against an activist campaign. Click here for more information.
The most comprehensive review of AIM directors' pay available, and this year includes a record sample of 1000+ AIM-quoted companies. The full report is available to order for £385 + VAT. Click here for more info