Elderly challenges | Demotion | Australian boost
News covered here includes our assessment of the latest update from one of the UK’s largest providers of veterinary services. With an ongoing CMA review dominating the headlines in the UK, it’s growth focus is in a more supportive market. Elsewhere, one of our Stonking Small Caps is struggling to grow, bringing a demotion, as are elderly producers of industrial chains and ceramics, which have other issues to contend with. Read on here for Investor’s Champion’s usual forthright opinions on this and other news.
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… Stonking Small Cap demotion Tracsis (AIM: TRCS), the transport technology group, provided plenty of missed-messages in its annual results statement bringing a demotion from Stonking Small Cap categorisation. Our earlier Stonking Small Cap commentary here suggested Tracis was a “fast-growing provider of software and services”. The 1% decline in revenue to…