Britain’s top tiddlers: four of the best companies on Aim
It’s hard to believe it’s been six months since I wrote Five Aim stocks with plenty of potential for 2021 (27 December 2020). We’re now closer to next Christmas than the miserable last one. But money never sleeps – and neither should you when it comes to stock picking. The market moves constantly. Being asleep at the wheel is a cardinal sin when managing your own money.
The five stocks I picked in December have done well. Four have risen and two have doubled. It would be easy to proclaim my own genius, but the reality is that all stocks have performed strongly. What’s more, these are investment ideas, and rarely does an investment thesis play out over a six-month sprint. Let’s look at how they have performed before moving onto four ideas for the second half of 2021.
Anglo Asian Mining (Aim: AAZ) 127.5p, now 143.5p
A modest 12.6% increase in price suggests little has changed at this Azerbaijani copper, gold and silver producer. But a five-year extension to its Gedabek contract area has been approved, while 2020 saw record revenues and strong cash generation. The company believes it has “exceptional development opportunities” in its six contract areas.
I sold out of the firm because I believed there was faster money to be made elsewhere. I’m a trader and if there are
