As Broad demolishes the Aussies there was plenty of encouragement from AIM this week
With England’ s Stuart Broad demolishing the Australian tourists with a masterful display of bowling which promises to bring the Ashes home, this week’s Blog offers an introduction to some equally promising new arrivals on AIM in July. There was also plenty of promising news from the week, including an encouraging announcement from a small cap in the oil services space which appears to be trading at a very modest valuation relative to its prospects, strong balance sheet and dividend offering. A high-flying carpet manufacturer makes yet another acquisition and we offer our thoughts on the growing level of debt and the valuation of this business. Remember to use our updated AIMsearch search tool to discover which AIM companies benefit from the valuable tax benefits.
July proved to be a quiet month for IPOs although there were still 4 new arrivals on AIM in the month. The newcomers included a fascinating social media business from Myanmar which already boasts 1m users. Our Blog offers more information on this interesting bunch.
Rame Energy (AIM:RAME) the independent power producer which arrived on AIM in April 2014 at a share price of 18p per share and has seen it decline ever…
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