Compelling value | Quality at a price
News covered here includes results and updates from several companies trading at very modest valuations and offering attractive dividend yields. The market is clearly fearful that trading conditions will get worse, but plenty of bad news already appears to be factored into their share prices. Elsewhere, a high-quality AIM company continues to impress, supporting its heady rating while one of our Bonkers Bargains announced a significant contract win.
Small cap stocks continue to be unloved by the investors, reflected in their declining share prices, whatever the news. Several companies covered below offer attractive dividend yields (one as high as 6%) to encourage investor patience. Read on below for more on this and other news. Midwich debt worries us Midwich Group (AIM: MIDW), a global specialist audio visual distributor to the trade market updated on trading for the six months ending 30 June 2023. Revenue is expected to be up over 7.5% to £610m, of which organic revenue growth was 2.2%. The continued recovery in the live events market…