Cracking value | Whopping premium | Child’s play
The week closed with news of another takeover offer for a very small AIM company, this time for a whopping premium. However, shareholders are still unlikely to be satisfied, as you can discover here. Elsewhere, there was a positive update from one of our Bonkers Bargains and reassurance from another. A highly-regarded wealth manager looks cracking value and a small cap publisher also continues to impress. (Free to read)
Bloomsbury: record results are child’s play Independent publisher Bloomsbury Publishing (LSE: BMY), continues to impress with record interim results. For the six months to 31 August 2023 revenue climbed 11% to £136.7m while pre-tax profits were up similarly to £17.7m. Their consumer division continues to benefit from the popularity of the Fantasy genre with sales of Sarah J. Maas and Samantha Shannon growing 79% and 169% respectively in the period and demand for Harry Potter, 26 years after publication, remaining strong - Harry Potter and the Philosopher's Stone was the 4th bestselling children's book of the year to date on…