Mission Marketing Group - progress and potential for continued shareholder value creation
Since we last covered The Mission Marketing Group (AIM:TMMG) in January 2017, it has delivered another solid set of results, materially increased its dividend and announced an acquisition. Is there yet more to excite investors?
The current share price is 40.75p, for a market cap of £34m, so that no share price progress has been made so far this year. However, there appears to be plenty to go for and the 3.6% yield rewards patience. - Growth Shares The most interesting piece of news we should mention during the half-year, besides the annual results, is TMMG’s growth share scheme, announced in February. As a rule, it is better if management can be rewarded directly for profitability. However, it is unfortunately quite standard nowadays for management to be compensated for share price gains. In the case…