This is what CR wrote on 19 Dec "Anyone following these (ACS)?
Right on a low they posted a very up beat trading statement yesterday.
Today the directors have been buying and there are also some other large trades going through.
These are in the same business as ACE who's shares have gone up around 7 fold in the last 7 months. Proof that if you get the business model right there's big profits to be made".
If you look at the website, it is clear that the company is doing well. Plenty of staff vacancies due to expansion, they bought up a rival for a song, made approaching 1.8 million profits last year, will easily beat that and market expctations this year, they even pay a dividend. Very low PE for such a growth business. Look at the explosive growth over the last three years highligted in the annual report.
I claim no credit for spotting this coz I didn't but I did manage to bag some on Friday below 30p. ACE bird has now flown but this little AIM stock has plenty of potential to move up very strongly this year.
