Blog
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Management Resource Solutions update
We noted yesterday’s unwelcome news in relation to the receipt of a claim by the JVL’s of the company’s former subsidiary – MRS Guernsey Ltd. Following discussion with management we believe the line that the claim is without merit and expect this matter to be resolved without litigation relatively quickly. Indeed as MRS Guernsey was […]
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Strat Aero – 2016 results highlight progress towards break-even and beyond. Speculative Buy recommendation.
Long suffering shareholders in un-manned aerial vehicles (UAV) business Strat Aero (AERO) had some respite yesterday after the markets reacted well to results for the 2016 financial year. The shares finished the day up by 48% at 0.105p but still leaves the business capitalised at just £2.06 million. While the company faces many issues, not […]
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Stanley Gibbons – recovery play trading at discount to net tangible assets – Speculative Buy stance
UPDATE RE BID APPROACH – 9 JUN 17 – Our Spec Buy call on SGI earlier this week appears particularly prescient as the company has this morning announced an approach from Disruptive Capital per HERE. Bearing in mind management’s recent comments re turning the business around only weeks ago per here – “There will undoubtedly be […]