Are these 3 AIM stocks a good buy now? - Kalkine Media

November 30, 2021 10:36 AM GMT | By Nidhi Gupta
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Highlights 

  • Marshall Motor Holdings announced a dividend of 8.86 pence per share to shareholders for the six months ended 30 June 2021.
  • SIMEC Atlantis Energy will work along with Nova Innovation to commercialise tidal stream technology.
  • Belluscura received second US government's Medicare health approval for the X-PLO₂R™ portable oxygen concentrator.

AIM stocks have been successful in garnering the attention of investors keen on obtaining a high return. While the companies listed on the AIM may seem small, some of them demonstrate the potential to offer a high return on investment to investors.

Below is a detailed review of the investment prospect in three AIM-listed stocks - Marshall Motor Holdings, SIMEC Atlantis Energy and Belluscura.

Marshall Motor, SIMEC & Belluscura: Market cap details

 (Data source: Refinitiv)

Marshall Motor Holdings Plc (LON: MMH)

Marshall Motor Holdings is one of the largest motor dealerships in the UK. The company operates through 164 franchised dealerships, which represents 27 brand partners spread across 37 counties. Recently, Marshall Motor Holdings received an acquisition offer worth £322.9 million ($430.7 million). Last month, Marshall Motor Holdings had acquired Motorline Holdings Limited for a cash consideration of £64.5 million.

Marshall Motor Holdings’ revenue rose to £1,334.1 million in H1 2021 from £895.3 million in H1 2020. The company’s board expects its underlying profit before tax for 2021 will be more than £50 million.

For the six months ended 30 June 2021, Marshall Motor Holdings announced a dividend of 8.86 pence per share to shareholders.

The shares of Marshall Motor Holdings closed at GBX 390.00, up by 42.34% on 29 November 2021. The market cap of the company stands at £305.11 million.

SIMEC Atlantis Energy Ltd (LON: SAE)

SIMEC Atlantis Energy is an international developer of sustainable and renewable energy projects. It holds a 77% stake in MeyGen, a tidal stream technology project, and a 100% stake each in the Green Highland Renewables, a mini-hydro projects developer and 220MW Uskmouth Power Station project. The company will work along with Nova Innovation to commercialise tidal stream technology.

For the first half ended 30 June 2021, SIMEC’s overall loss before tax was £10.7 million compared to a £6.2 million loss reported for the first half of previous year.  

The shares of SIMEC Atlantis Energy closed at GBX 2.00, up by 36.05% on 29 November 2021. The market cap of the company stands at £13.93 million.

Belluscura Plc (LON: BELL)

Belluscura Plc is a medical device company that aims to develop and commercialise of innovative oxygen enrichment technologies. The company was admitted to the AIM submarket recently on 28 May 2021.

Yesterday, Belluscura received the second Medicare health approval from the US government for its X-PLO₂R™ portable oxygen concentrator. Last month, Belluscura inked its fifth distribution agreement with a US-based, online company for the distribution of its FDA approved portable oxygen concentrator - X-PLO₂R™ in the United States.

The shares of Belluscura closed at GBX 98.50, up by 10.06% on 29 November 2021. The market cap of the company stands at £111.61 million.


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