High yield appeal | Well-placed to thrive | Well-timed entrance
News covered here includes our assessment of full year results from a specialist fund manager. An 8% dividend yield looks appealing, although that highlights some existential threats to its business, as we consider. Elsewhere, an elderly timber distributor looks well-placed to thrive as lesser rivals struggle, while an agricultural supplies group looks cracking value on many levels, although the great British weather has a significant part to play! Read on here for our thoughts on this and other news.
AB Dynamics: well-timed entrance The new CEO of AB Dynamics (AIM:ABDP), the developer of testing, simulation and measurement products to the transport market, has chosen an opportune time to take the helm with her first day in the new role coinciding with the announcement of an important new contract win. The Group’s Ansible Motion simulator business has been awarded a €9.7m contract to supply its advanced driver-in-the-loop simulation equipment to a major European OEM. Revenue from the contract award is expected principally to be recognised in the second half of the financial year ending August 2026 and the first half…