Uncomfortable listing | Luxury ambitions | Plenty to do
News covered here includes a positive trading update from one of AIM’s corporate undertakers, although we have concerns with the business model as you can discover. Elsewhere, an investment manager continues to impress, despite the challenging stock market environment, while a high-quality pub and hotel group has acquired a smaller rival. We also offer our thoughts on a fast-growing electrical retailer, with a reputation for excellent service.
There are plenty of UK smaller companies which are growing fast and trading at seemingly modest valuations. However, on occasions we come across a fast-growing business with a distinct flaw in its business model, at least as a listed company. You can read on below for our thoughts on this. Thankfully, other companies covered below are more suited to the stock market, offering the potential of more reliable long term growth. Tatton impresses, but better value elsewhere?Investment management and IFA support services group Tatton Asset Management (AIM:TAM) announced excellent interim results. For the six-months to 30 September 2023 revenue increased…