LO-Q is a tiddler... barely a £6m market cap, but it looks to be gaining significant traction in it's chosen markets.
The latest statement showed great management confidence... earnings are expected to come in at over £1.85m helped by the dollar and strong trading, making EPS of at least 12.4p on turnover of £10m + .
Not only this, but LOQ is one of only 3 stocks in the entire AIM market showing on the new highs list on a 12 month basis...
It's a pretty strong little business this, with ROCE now up to 80% or so... on a p/e of barely over 3 times I think this is being unjustifiably ignored by the market... maybe it's just too small?
Have to do some more digging.
Filed Under: Loq,