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.
The most comprehensive review of AIM directors' pay available, and this year includes a record sample of 1,044 AIM-quoted companies. The full report is available to order for £365 + VAT. Click here for more info
ISDX will be hosting a half day IPO seminar on Tuesday 25th February in London. The event seeks to provide small- and mid-cap company executives with practical guidance on joining an exchange and advice on how to make the most of a quotation once on market. Register for free here.
Chris Spencer-Phillips, MD of First Flight Non-Executive Directors and ShareSoc - www.sharesoc.org the UK Individual Shareholders Society have developed a set of guidelines covering the search, selection and remuneration of Chairs and Non-Executive Directors. Download the Non Executive Guidelines .