Dependable is downgraded | Enough fairy tales | Promising results
The positive start to the year reported by the majority of AIM companies we follow has been broken by a mild profit warning from one of AIM’s most dependable performers. We consider whether the share price sell-off is overdone. Elsewhere, shares in a developer of student accommodation receive a much-needed boost following its latest results, but we are getting fed-up with fairy tale numbers from an international animal health business, which nevertheless appears to be trading well. Read on here for our usual forthright views.
Client portfolios managed by our associates, 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… Watkin Jones: shares rebound on promising results Watkin Jones (AIM:WJG), the developer and manager of residential for rent, with a focus on the build to rent, student accommodation and affordable housing sectors, saw its shares bounce on encouraging full year results. Having experienced a c. 90% fall in its share price over the past 3 years, a mere return to…