Plenty of waffle
Updates (and results) season is upon us and there is plenty to digest, including a profit warning from one our previous Bonkers Bargain opportunities – such is the volatile nature of recovery plays. Thankfully, many others have been doing well, with a chocolatier enjoying a decent Christmas. (Free to read)
Anexo: significantly ahead Anexo (AIM: ANX), the specialist integrated credit hire and legal services provider, confirmed that revenue growth has exceeded forecasts and that profit before tax for its financial year ending 31 December 2021 will be “significantly ahead of market expectations”. Our earlier in-depth premium research here: ‘Anexo Group - cash flow improves and dieselgate offers big upside’ provides more background on this unusual business. The number of vehicles on the road in the Group's credit hire division, EDGE, reached record numbers in the second half of 2021 ('H2 2021'), peaking at around 2,500 in December 2021, and currently…