Record first-half performance Full-year profit guidance downgraded Debt levels coming down Kitwave (KITW:AIM) shares slumped 22% to 250p after the food and drink wholesaler delivered a profit warning driven by falling consumer confidence and the uplift in employers' national insurance contributions (NICs) which the North Shields-based company no longer believes it can offset. The downgrade...

A key rationale for investing in the smallest companies on the UK market is that these businesses have the most capacity for growth.However, for several reasons investing in micro-cap businesses is not for everyone and has, with some notable exceptions, proved less than fruitful in recent years. WHAT IS A MICRO CAP?The definition of what constitutes a micro cap varies. Natalie Bell, fund...

Kitwave shares up 41% year-to-dateCash and banking facilities funded purchaseTotal Foodservice has around 4,000 product linesShares in Kitwave (KITW:AIM) were up 4.5% to a new all-time high of 372p in morning trading as the food and drink wholesaler announced it was buying Total Foodservice, a leading independent food wholesaler in the North of England for £21 million.The purchase has been...

Kitwave (KITW:AIM) 329pMarket cap: £233.45 millionAmong the London stock market?s successful small cap IPO?s (initial public offering) of recent years, Kitwave?s (KITW:AIM) stock has more than doubled since Shares highlighted the independent wholesaler?s attractions in October 2021, but the company has the capacity to deliver plenty of growth and income for investors in the years ahead. We...

One way to reduce the risks associated with less forgiving markets is to ensure you buy companies at the right valuation. With this in mind Shares has conducted a screening exercise of the market to identify stocks which in our view are too cheap and therefore represent attractive investment opportunities.After running the numbers on discounted stocks with earnings momentum and firms which...

Investors are increasingly looking for stocks, bonds or funds that pay a good income.Dividends or bond coupons provide positive returns which are particularly attractive in a more challenging market such as now.Many people have this year lost money from backing high-growth but dividend-less stocks such as Tesla (TSLA:NASDQ) and Netflix (NFLX:NASDAQ), and they're fed up.In the other side of the...

KITWAVE (KITW:AIM) 155pGain to date: 3.7%Original entry point: Buy at 149.5p, 21 October 2021Our 'buy' call on Kitwave (KITW:AIM) is now 3.7% in the money as the market responds to earnings upgrades from the food and drink wholesaler and we remain positive about the company's organic and acquisitive growth prospects in the UK's fragmented grocery and foodservice wholesale market.Kitwave says...

KITWAVE (KITW:AIM) 146pLoss to date: 2.3%Original entry point: Buy at 149.5p, 21 October 2021Our 'buy' call on deal-hungry food and drink wholesaler Kitwave (KITW:AIM) is 2.3% in loss, yet we remain upbeat about the company's organic and acquisitive growth prospects in a fragmented market.Kitwave's positive trading update for the year to October 2021 got missed as markets tumbled on 'Red...

Driver shortages and supply chain logjams are dominating the news headlines and could put a dampener on Christmas this year.Yet one growth company doing its bit to deliver the goods in these unpredictable times is Kitwave (KITW:AIM), a small cap food and drink wholesaler with its own in-house established fleet of delivery vehicles and drivers and which isn't reliant on third party logistics...

Among the stock market hopefuls lining up to test investors' appetites are two companies offering high yields backed by cash generative business models.Shipping trust Taylor Maritime Investments (TMIP) should debut on 27 May, targeting an 7% dividend yield. The trust's objective is to provide an attractive level of 'regular, stable and growing' income and the potential for capital growth...