Two former AIM companies which moved to the Main Market are attracting the attention of activist investors and private equity. We aren’t convinced of the merits of proposals from the former and feel that private equity will probably have to pay-up if it wants to secure the attractive cash flows of the communications group it is hunting. Elsewhere, shares in a video game developer bounced following another big upgrade, while we remain puzzled with the growth strategy of a fishing tackle and equipment retailer. Read on here for our thoughts on this and other news.
Restore: trading well, we think!
Restore (AIM:RST), the provider of business services for data, information, communications and assets, continued to trade well over the 4 months to the end of April.
Revenues have increased “significantly” although they didn’t give a number of what that might mean. Organic revenue growth was particularly strong across digitisation, outbound communications and IT recycling, while the Group's core document storage business continued to benefit from stable revenues…
Access the all latest company comments on Investor's Champion.
Not yet registered? It's free to register. Register now.
Register on Investor's Champion
Access the all latest company comments on Investor's Champion.
Premium Content
Premium content provides more in-depth information on fascinating investment stories and research to help make your money go further.
Access Premium Content through individual credits (we only want you to read what you are interested in) or through an annual subscription, which works out as only 25p per day – a small price to guide you through the investing maze!
Subscription
Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
In depth coverage of many of the world’s great companies
Breaking news on potential upcoming disasters
Unique insights from our top research team
Credits
Get access to our premium content for as little as £3.20 per article.
