What’s going on? | Good value | Government changes
News covered here includes our assessment of some lacklustre results from several AIM stocks, which have also been issued a long time after the year end, which is never a good look. A specialist advisory business looks in decent shape although we are still wary of how long it takes to collect cash in its insolvency activities. Read on here for our usual forthright views on this and other news.
Microlise: what’s going on
Shares in Microlise (AIM: SAAS), the provider of transport management software to fleet operators, plummeted to new lows on reporting disappointing full year results. We aren’t surprised given the worrying trend of increased investment, modest sales growth and rising losses.
It’s also worth noting that its AIM peer Quartix managed to issue its full year results nearly 2 months earlier and Quartix’s numbers weren’t proliferated with adjustments.
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