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Buy Prime People at a 95p offer

Tom Winnifrith
Tuesday 12 August 2014

Investment Case: Noting that a large proportion of its cash looked surplus to what is needed in its ongoing business and for its current growth plans, Prime People plc (PRP) recently returned 15p per share (£1.82 million) to shareholders. This, together with an attractive ordinary dividend, shows a regard for shareholders that few other AIM-listed companies do. This is perhaps because the directors' interests are via their shareholdings to a rare extent aligned with other investors. We tipped this at a 90p offer a couple of weeks ago but at 95p to buy this is still a good share tip and here’s why.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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