The market capitalization of 806 AIM stocks was £89.3bn as of 20 June 2023. FTSE AIM All Share Index was down 5.55% YTD to 785.2 as of 21 June 2023. There were 32 companies delisted from AIM over the period December 2022-June 2023. Among the top YTD winners, there were Celadon Pharmaceuticals (up 209%, MktCap £95m), Vast Resources (+211% YTD, Mkt Cap of £15m), B90 Holdings (+200%, MktCap £22mn), Verditek (154%, MktCap £6mn), Star Phoenix Group (+162%, MktCap $1.6mn), Inspecs Group (+162%, MktCap £109mn). All winners have seen share price correction over the last month. Since our last report was priced on 29/05/2023, the market performance was rather weak. The largest gains were 13.9% YTD in the Financial and 12.2% in the Consumer Non-Cyclicals sectors. The biggest losses were in Real Estate and Energy. Industrials and Consumer Cyclicals remain the best-performing sectors in FTSE350. Energy remains the cheapest sector based on EV/EBITDA.
Market performance was weak under the pressure of rate hikes. The performance of the stocks we picked on 29/05/2023 was mixed – two out of four stocks demonstrated a positive performance. Altitude Group stock was up 2.5% and Southern Energy was up 4.0%, while Touchstone Exploration was flat, and Surface Transforms was down 8.3% compared to a 5.5% downward move of the AIM market index.
Our top picks are from the consumer, ad, and gaming sectors. We select companies with robust revenue growth and a sustainable business model. The challenging macro environment brings discrepancies in projections and valuation metrics. However, the slowdown of inflation will improve the tech sector and Ad industry valuation may gradually improve. Our picks list includes Venture Life Group, Keywords Studios, Gaming Realms, and Ebiquity. Companies are subject to AIM stock risks such as financial underperformance or stock dilutions in the future. We believe our top picks have an acceptable risk-return trade-off due to a sustainable product range or business model.
22 Jun 2023
LSE AIM Market Screener - 22 June 2023
Ebiquity Plc (EBQ:LON), 41.0 | Gaming Realms PLC (GMR:LON), 39.6 | Keywords Studios plc (KWS:LON), 2,246 | Venture Life Group Plc (VLG:LON), 41.0
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LSE AIM Market Screener - 22 June 2023
Ebiquity Plc (EBQ:LON), 41.0 | Gaming Realms PLC (GMR:LON), 39.6 | Keywords Studios plc (KWS:LON), 2,246 | Venture Life Group Plc (VLG:LON), 41.0
- Published:
22 Jun 2023 -
Author:
Marina Alekseenkova -
Pages:
10
The market capitalization of 806 AIM stocks was £89.3bn as of 20 June 2023. FTSE AIM All Share Index was down 5.55% YTD to 785.2 as of 21 June 2023. There were 32 companies delisted from AIM over the period December 2022-June 2023. Among the top YTD winners, there were Celadon Pharmaceuticals (up 209%, MktCap £95m), Vast Resources (+211% YTD, Mkt Cap of £15m), B90 Holdings (+200%, MktCap £22mn), Verditek (154%, MktCap £6mn), Star Phoenix Group (+162%, MktCap $1.6mn), Inspecs Group (+162%, MktCap £109mn). All winners have seen share price correction over the last month. Since our last report was priced on 29/05/2023, the market performance was rather weak. The largest gains were 13.9% YTD in the Financial and 12.2% in the Consumer Non-Cyclicals sectors. The biggest losses were in Real Estate and Energy. Industrials and Consumer Cyclicals remain the best-performing sectors in FTSE350. Energy remains the cheapest sector based on EV/EBITDA.
Market performance was weak under the pressure of rate hikes. The performance of the stocks we picked on 29/05/2023 was mixed – two out of four stocks demonstrated a positive performance. Altitude Group stock was up 2.5% and Southern Energy was up 4.0%, while Touchstone Exploration was flat, and Surface Transforms was down 8.3% compared to a 5.5% downward move of the AIM market index.
Our top picks are from the consumer, ad, and gaming sectors. We select companies with robust revenue growth and a sustainable business model. The challenging macro environment brings discrepancies in projections and valuation metrics. However, the slowdown of inflation will improve the tech sector and Ad industry valuation may gradually improve. Our picks list includes Venture Life Group, Keywords Studios, Gaming Realms, and Ebiquity. Companies are subject to AIM stock risks such as financial underperformance or stock dilutions in the future. We believe our top picks have an acceptable risk-return trade-off due to a sustainable product range or business model.