Bonkers Bargains: AIM elder delivers in-line
Don’t be fooled by the 175 year history, this elderly business has a reputation for innovation and hides some exciting technically advanced products and a world class business - hidden in a very ordinary one! It also offers lower risk exposure to the booming hydrogen economy. The shares have disappointed since our original coverage but continue to possess heaps of potential, justifying their status as a Bonkers Bargain. The latest interim results were in-line and an "accelerated profit growth strategy" bodes well for the future.
At first glance, an AIM quoted company dating back 175 years might not get the pulse racing, but this innovative business has plenty to encourage growth investors. The financial headlines and short term forecasts offer little idea of the true potential and one has to delve into the detail to fully appreciate its attractions. The latest "strategic realignment" should bring greater focus.
Our in-depth Bonkers Bargain commentary below takes a deep dive and highlights the potential of…
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