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AIM round-up: Clear Leisure, Parity Group, Remote Monitored Systems

AIM round-up: Clear Leisure, Parity Group, Remote Monitored Systems

London’s AIM Index has started the week by shaking off the losing trend of recent sessions, closing around 10 points higher at 1170.57

  • Clear Leisure up 56%
  • Parity Group up 30%
  • Bidstack Group down 32%
  • IDE Group down 18%
  • Remote Monitored Systems down 11%

Investment company Clear Leisure [LON:CLP] jumped to the top of the board today, adding 56% in the wake of a well-received corporate update. A series of lines regarding portfolio companies impressed investors, although the scale of the gains needs to be put in context of a £3m market cap company which closed on a 15% spread.


Parity Group LON:PTY jumped 30% off the back of a contract win from the Scottish government. The data focused professional services firm will be involved in getting superfast broadband to every home and business in Scotland, and although the deal is worth a fairly modest £5m over the next three to six years that’s equivalent of around half the market cap. It’s certainly a prestigious win that could justify further support for the share price as a result.

In-game advertiser Bidstack LON:BIDS was the day’s biggest faller, off 32% following a trading update and news of a directorate change. Although the company reported it had exceeded market expectations across all key metrics, the acknowledgement that sales cycles may lengthen as headcounts grow arguably gives some cause for concern. This does however take the share price back towards levels seen just over a month ago, almost 50% below recent highs.

IT contractor IDE Group LON:IDE was another big casualty today, falling 18% following this morning’s trading update. Shares jumped significantly last week with the reappearance of an old contract win being seen as a driver here, but today’s note advised that revenues for the second half are now expected to be lower than the comparative with full year income likely to be around 20% lower.

A notable mention for Remote Monitored Systems [LON:RMS] who advised the market this morning of a commissioning delay to their new manufacturing kit. Having arrived from Spain at the start of last month, commissioning was due to be completed today, but over the weekend two contractors tested positive for COIVD-19. This will delay the project’s completion by two weeks and in turn push back the production date for those anti-viral masks. Shares slipped 11% as a result.

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