Bargain hunting: 1pm looks ridiculously cheap
Shares in this AIM-listed specialist finance provider continue to look good value. Is there big trouble on the horizon or is this simply a classic case of small cap mis-pricing in the current fragile Brexit environment?
1pm (OPM), the independent specialist finance provider of funding facilities recently issued excellent results for the six-months to 30 November 2018. But they did little to boost the share price which remains close to all-time lows.
Established in 2006, 1PM offers a full range of business finance solutions to small and mid-sized enterprises (SMEs) from asset finance, hire purchase and commercial loans, through to invoice finance and factoring. The group acts as both a funder…
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