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Added to YB: 2024-06-26
Pitch date: 2024-06-24
ANX.L [bullish]
Anexo Group Plc
-2.22%
current return
Author Info
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Company Info
Anexo Group Plc, together with its subsidiaries, provides integrated credit hire and legal services in the United Kingdom.
Market Cap
GBP 73.9M
Pitch Price
GBP 0.68
Price Target
N/A
Dividend
2.40%
Sector
Diversified Consumer Services
Category
turnaround
Anexo Group Plc - $ANX.L
ANX.L: UK legal/vehicle claims co. Shifting focus to Housing Disrepair (faster, less capital) from Credit Hire. Strategic review aims to improve cash gen & reduce debt. 4.5x P/E, 63% insider ownership. Debt concerns, but profitable. Upside from mix shift, debt reduction & class action settlements (e.g. £7.2M VW). Buybacks approved.
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