Another AIM takeover | Bonkers Bargain delights | Profit warnings
We cover yet another takeover of a fast-growing AIM company, this time at a big premium to the share price beforehand. One of our Bonkers Bargain opportunities has also issued a positive trading update bringing another upgrade, while a retailer of fresh cream cakes also continues to impress. Read on here for more on this as well as our thoughts on several less welcome profit warnings and a company that seems more suited to private ownership.
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… Cavendish: better private?Cavendish Financial (AIM: CAV), the investment bank and corporate broker announced interim results for the six months to the end of September 2024. Revenues climbed 42% to £27.7m, with a big increase in transactional revenue in its investment banking segment to £18.9m, as it supported more than 50 transactions…