This company offers replacement vehicles and legal services to individuals who have been involved in a non-fault accident.
£73m market cap. Chairman bought 100 grand at £1.27 just before the falls on the Volkwagen settlement and now all clear, yet numbers reported last week are beating previous years.
I bet now results are out the way directors buy again. Cheap as chips if you can hold.
ANX are featured at next Mello event which should bring some eyes after yesterday’s decent results … all metrics improved in final results - good outlook forecast.
https://melloevents.com/mello2024/
Another six companies will be announced tomorrow including #ANX Anexo who released their results today. Lots of great speakers too…Christopher Mills, Georgina Brittain, Gervais Williams & Lord Lee to name just four:+1:
Do not miss it
Tipped again by Investors Chronicle.
A snippet :
As noted when I suggested buying the shares, at 65p, in my 2024 Bargain Share Portfolio , the reason for holding them is the potential for a narrowing of the 53 per cent share price discount to book value of £159.7mn (135p) as more investors cotton onto the debt reduction programme and the changing mix in the group’s income stream. A current-year prospective price/earnings (PE) ratio of 4.2 and an enterprise valuation to operating profit multiple of 3.5 times highlight the value on offer, too. Buy.