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Coronavirus impact: 17 June - Best of the Best receives takeover interest

17/06/2020 · Best of the Best (BEST)  · Blackbird (BIRD)  · Boohoo Group (BOO)  · Immunodiagnostic Systems (IDH)  · STM Group PLC (STM)  · Water Intelligence (WATR) 
AIM AIM Inheritance Tax potential Coronavirus UK

Best of the Best announces a preliminary approach and boohoo continues to grow strongly over lockdown - how does it do it! 

STM: looks good value, but….STM Group (LON:STM), the cross-border financial services provider, issued a trading update confirming limited impact on its ability to service existing customers and onboard new business over the lockdown. Trading in the first four months of the year has been in line with management’s revised expectations. Its recurring revenue business model and strength of the balance sheet means it is well placed to weather the current uncertainty. What is less certain is the quality of some of its underlying pension mandates. At the current share price of 28p the shares certainly look great value, trading on…

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