Taking A Look 29 July 2014
AUKETT SWANKE, the quoted Architectural focused business appears to be well off the radar of most investors.
Perhaps that doesn’t come as much of a surprise, as over the years the business has not exactly delivered on numbers.
However, I have taken a look at this one in the column today, where although not heavily researched, FinnCap does cover the stock and earlier this year had set a 10p price target against the current 7.8p share price.
While that may not imply too much in the way of upside potential, prospects continue to improve, particularly as the company was last year bolstered by what appears to be a decent acquisition.
Each ofl its markets, apart from an operation in Russia, are performing well, with the UK making up the bulk of revenue and where it has some interesting ongoing business here in Cambridge.
Anyone interested in also running an eye over this one, may wish to take a look at the article, which as is the norm, should appear on the Cambridge News site later this morning.