Recovering Former Glories
AIM Newspick September 2013
by Michael Crockett
Markets continue to perform well reflecting better news from economies around the world. Most of the AIM companies that we track at Investors Champion are trading strongly and many poor performers of recent years are now issuing promising reports. So, for this edition of Newspick, I have again focussed on potential recovery plays where recent news could indicate a potential return to former glories.
We must stress that by their nature companies in this category are high risk and may well have a higher risk of failure than average. Investors Champion is NOT recommending investment in these companies but merely making investors aware of each company and its potential.
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Surgical Innovations (SUN)
http://www.sigroupplc.com/
Shares in Surgical Innovations had a storming start to this decade, rising from 1.6 pence in January 2010 to a high of 13.5 pence by September 2011 but results for 2011 and 2012 were disappointing due in part to tough trading conditions and the shares fell away to a low of 4.4 pence by July 2013.
Surgical Innovations, based in Leeds,…