Updates and Ideas

Anexo - Will significantly exceed market expectations

September 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Anexo (ANX; 180p) has caught analysts seriously wrong footed. It has had four upgrades in 12 months but in August the company said it expects to significantly exceed even these. In the light of that, Arden lifted its pretax profit forecast by 15% or £3m to £23m (eps 17.2p). Next year’s rises similarly to £25m (18.7p).The key to the group’s potential lies in its integrated credit hire and legal services businesses that litigate the case of a non-fault driver who has been in an accident. The credit hire division sources claims and will provide a vehicle whilst the driver’s own is repaired. The legal division of over 200 legal professionals then progresses the claim through the court. Anexo’s investment in a single case is the cost of ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

EntertainmentOne - 560p bid from Hasbro

LoopUp

Anexo - VW car emissions cheating could settle as early as Q4 and be worth "tens of millions" (August 2020)

Anexo - Raises money to target VW emissions cases (July 2020)

Anexo - Profits up 63% (October 2019)

Anexo - Poised for very strong H2 19 (May 2019)

Anexo -'Trading ahead of expectations' (January 2019)

Anexo - Higher profile for credit hire firm (October 2018)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X