The penny drops | Cash delights | Another AIM takeover
Small cap news covered in our update here includes our forthright assessment of the latest update from a sports performance company, which is adopting a long-overdue change of strategy. Elsewhere, an elderly soft drinks company is proving itself in overseas markets and looks in excellent shape – could upgrades be coming? Read on here for our thoughts on this and other news, including yet another AIM takeover. (Premium)
Client portfolios managed by our associates, Fundamental Asset Management, may hold shares in companies covered below Science in Sport: the penny has finally dropped! The new management team at Science in Sport (AIM: SIS), the premium sports performance nutrition company, has come to the same conclusion that followers of this stock had realised well beforehand. That “the relentless pursuit of top line growth led to some poor strategic decisions and an inflated operating structure.” Hallelujah! “The prior strategy of aggressive growth across all channels and markets has now been reset, with the revised operating model focused on controlled growth, while…