Some AIM-quoted companies have strong underlying businesses with good prospects that are masked by past mistakes, not always made by the current management team. This can hold back the share price for years.
They can drag on and be a drain on cash resources, but when they are finally sorted out it can leave an undervalued share price unappreciated by investors. Thus, providing a buying opportunity.
Provisions
Property, electrical and energy efficiency services provider Kinovo (LON: KINO) has been dogged by problems relating to the disposal of former subsidiary DCB follo...