Lacking detail | Profit warning | Modest value
There was a disappointing update from one of AIM’s larger companies, which clearly wasn’t entirely unexpected given the relatively mild share price reaction to the news; it’s a quality business and at current levels we suspect prospective industry buyers will be taking a closer look. Elsewhere, several serial underperformers could have provided more information in their trading updates, while another company has encouraged with positive contract news and looks interesting value. Read on here for this and other news from AIM. (Free to read)
The latest monthly bulletin from HMRC indicates that Inheritance Tax receipts for April 2022 to Jan 2023 hit £5.9bn, which is £900m higher than in the same period a year earlier. Investing in the shares of AIM quoted companies which qualify for Business Relief is a proven way of mitigating potential Inheritance Tax. Our update below covers several stocks which could be of interested to IHT planning investors, while a few others should probably be avoided! GB Group: weaker trading GB Group (AIM: GBG) the experts in digital location, identity verification and fraud software, reported that challenging conditions for its cryptocurrency…