AIM Prospector morning thoughts (SGI, GTC, DAY, PLUS)

Good morning all.

My thoughts on the announcements made by a collection of AIM-quoted companies this morning.

First off, Stanley Gibbons (LON:SGI), the antique stamp retailer, announces a new senior management appointment:
http://www.investegate.co.uk/stanley-gibbons-grp--sgi-/rns/appointment-of-george-bailey/201408130800029545O/
the appointment of George Bailey as Chairman of Dreweatts & Bloomsbury Auctions, the art and antiques auctions subsidiary of The Stanley Gibbons Group plc<

that's not material to shareholders but I do think that Stanley Gibbons (LON:SGI) is one of those companies that AIM investors should know a bit better. The company has pushed through significant sales, profit and dividend increases in the last five years. The dividend has more than doubled since 2006. According to Stockopedia data, the shares trade on a 2014 P/E of 14.3, with the expectations of a 2.6% yield. While that is not cheap, they may be worth keeping on a watchlist should the shares fall in a wider market decline.

Telecom services provider Daisy (LON:DAY) has announced that it has received a 190p per share offer from a consortium that includes its Chief Executive.
http://www.investegate.co.uk/daisy-group-plc--day-/rns/announcement-regarding-preliminary-approach/201408130700109681O/

The offer is close to the share's all-time high so doesn't look particularly 'opportunistic'. Perhaps the board will be able to squeeze out a higher offer but I expect that many shareholders will take this, particularly as the shares were trading at around 140p just a month ago.

Finally, Getech (LON:GTC), the geology-services to the oil-industry outfit, has given a strong steer on final results, which the market has appreciated:
http://www.investegate.co.uk/getech-group-plc--gtc-/rns/pre-close-trading-update/201408130700069608O/

results for the financial year are expected to show revenue of £6.6m, profit before tax of £1.0m, profit after tax of £1.4m and an estimated EPS of 4.6p.

CEO says:
our Globe framework provides a unique opportunity from which we can deliver bespoke client solutions. We have entered the second three-year build period and can now target a wider market by providing Globe in a regional as well as global format. We believe the regional format will appeal to a range of client companies who wouldn't normally buy global scale products, and to additional business units within our existing Globe clients. As a result, we anticipate that these regional products will be a substantial source of income in the coming years.

effectively suggesting that revenues from the company could be significantly higher in the future.

CFD provider Plus500 (LON:PLUS) announced a big increase in profits and dividends:
http://www.investegate.co.uk/plus500-ltd--plus-/rns/interim-results/201408130700109688O/

but the number of active customers was down significantly on the previous quarter and customer acquisition costs showed a large increase. This would give me concerns over future growth.

Have a good day all,

David O'Hara
Editor, AIM Prospector