Litigation issues | Modest valuation | Publishing doubts
A cash rich company covered here is immersed in litigation yet still has considerable growth appeal, but will customers be concerned about its legal travails? Elsewhere, and as suspected, a lowly valued fund manager has been obliged to reduce its dividend, although the yield is still extremely appealing. Read on here for more on this and other news, including a big sell-off in shares of a popular publishing house.
Big Technologies: immersed in litigation! Big Technologies (AIM: BIG), the provider of electronic monitoring for the criminal justice and remote care sectors, and previously one of our Stonking Small Cap growth stocks, announced results for its financial year to the end of December 2024 which featured significant adjusting items. Having instigated proceedings against its former CEO and founder, while also defending those brought by former shareholders of a key subsidiary, we can appreciate that all this litigation might be putting off investors and possibly its customers! Big Technologies has developed an integrated platform which combines hardware and software to deliver…