Flush with cash | Special dividends | Corporate undertakers
News covered here includes our assessment of updates and results from an eclectic mix of elderly and more youthful AIM companies. An elderly beverage group has had it’s struggles but with cash building is rewarding shareholders with a nice special dividend. A more youthful publisher is growing strongly, although its output may not to be everyone’s liking. There was also a big profit warning from a technology solutions provider which brough a big sell-off in the shares – thankfully it is also awash with cash. Read on here for out usual forthright opinion on this and other news.
Episode 27 of the Investor’s Champion podcastKey topics discussed in this episode of the Investors Champion podcast include legislation aimed at consolidating the UK's lost pension pots, recent updates from major retailers including Burberry, Frasers, Dunelm and Sosandar. Other companies covered include Bonkers Bargain Alumasc, Artisanal Spirits, Spectra Systems, ME Group and Renold. Free to listen here. LBG Media: impressive updateLBG Media (AIM:LBG), the global digital entertainment business and publisher, with a focus on young adults, expects to report 55% growth in first half revenue to £42.3m. Excluding its acquisition of Betches media, organic growth was still an impressive 29%.…