R4E issued an "in line" trading statement this morning to the market.

In line is for a £900.000 profit in 2013.

That in itself puts the stock on a very low per, however what has caught my eye is the £70M turnover, head office cost reductions and the upbeat tone of the statement.

It has taken years to clean up this company [and put it back on the right track] a job that is now finished.

If R4E can grow margins to just 5% the shares[ trading at 3.5p today] could do very well indeed.

Unlock the rest of this article with a 14 day trial

Unlock with Email
Unlock with Google

Already have an account?
Login here