Why you should avoid Immunodiagnostic Systems Holdings

Immunodiagnostic Systems Holdings (LON:IDH) is consistent if nothing else. Sadly, that consistency shows a contempt for shareholders and is a warning for anyone considering an investment in the company.

AIM-quoted Immunodiagnostic Systems Holdings always manages to publish its trading statements after the official close of the market. Not only that, but always on the last day of trading of a particular week. This time choosing the Thursday before Good Friday.

Management may believe that nobody will notice if they do this, but what they should ponder is why anyone should be interested in the company when it has this attitude.

This makes it more important to flag up every time it makes a trading announcement late in the week.
Track record
The 2018-19 trading update was published a...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.