Bargain hunt – Chapter 3
Our hunt for bargains continues in what many consider the more boring end of AIM – solid, well-established profitable businesses, that have consistently delivered excellent returns over the long term. Ironically these businesses often fail to attract the attention of AIM’s thrill seekers but have delivered material returns for investors over a long time in terms of both earnings and dividend growth.
Shares in the importer and distributor of timber have fallen 11% over the past few weeks. On 26th June 2015 the Group delivered ‘delightful results’ for the year ending March 2015.
This has been a great story over the past few years and the business looks well set for the future with a supportive market and expanding UK presence. The current year appears to have started positively with…
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