Ahead again and cash builds | Too big a deal | Shock warning
Another positive update from one of AIM’s oldest companies has brought another upgrade and lifted the shares. The strong growth, near 5% dividend yield and mounting cash pile should appeal. Elsewhere, a manufacturer of critical power and data transmission products announced decent results and news of a takeover approach for a listed peer. The market has its doubts (and so do we) sending the shares lower. Read on here for more on this and an unexpected profit warning from elsewhere in the electronics assembly sector.
Client portfolios managed by our associates, AIM investing specialists Fundamental Asset Management, may hold shares in companies covered here. Remember to use our updated AIMsearch tool from the link here to discover which AIM companies benefit from the valuable Inheritance Tax reliefs. Onto our assessment of the latest news… M.P. Evans: shares rise on strong CPO pricing M.P. Evans Group (AIM:MPE), the producer of sustainable Indonesian palm oil, is benefitting from continuing strength in the price of crude palm oil ("CPO"), the Group's main product, which will have a beneficial impact on the December 2024 results. Total crop for processing…