Aeorema Comm. Share Price (AEO)

Good to see the Non-Exec Chairman spending around £33k on more shares at 64.87p - he now has 20.39% of AEO:

Https://uk.advfn.com/stock-market/london/aeorema-communications-AEO/share-news/Aeorema-Communications-Plc-Director-PDMR-Shareholding/93602439

In addition, on Tuesday Jonathan Curry declared that his position has increased to 3.78%, or 361,000 shares.

And thirdly, Alan Charlton declared that he'd also been buying and increased to 4.21%, or 401,130 shares. He's a long-term investor in AEO who's interviewed the CEO at Mello.

This is inaddition to the recent other non-exec director share buy. It would seem that insiders and those who know the company pretty well are happy to be topping up their already large holdings at these levels.

Well, H1 bad, H2 looking good....

With a £3.72m cash pile against the now £5.7m m/cap, and a £650k expected profit for H2 and overall £400k+ profit for the year AEO still looks good value, particularly with the optimistic outlook. But the MMs have of course marked down heavily anyway.

I've been buying some of these recently. My final buy appears to have perhaps cleared out some stock and caused a tick up?

AEO looks very cheap at these levels considering both the progress made and the NAV security of the cash pile, plus the opportunities both organic and inorganic offered by that cash.

I'm not expecting this H1 to offer fireworks against the prior year given the renewed H2 weighting due mostly to Cannes Lions in June, but the results should be good enough to prompt a re-rating from these levels given the confidence in the general outlook and the current rating.

I was very impressed by the presentation at MelloLive late last year, and also like the extremely clean accounts and straightforward strategy and US expansion.

Aeorema will be one of the companies presenting at MelloLondon. The event will take place at the Clayton Conference Centre, Chiswick on Wednesday 29th and Thursday 30th November. The event will have keynote speakers such as Lord Lee; Katie Potts; Christopher Mills; Gervais Williams; Andy Brough; Richard Crow and many more!

Aeorema will also be discussed on the BASH (Buy, Avoid, Sell, Hold) panel.

For the full schedule, click here: https://melloevents.com/wp-content/uploads/2023/11/Schedule-v4.pdf

Tickets are still available and if you would like one at half price then enter the code LSE50OFF. Https://www.tickettailor.com/events/melloeventslimited/1030981

For more information, visit Https://melloevents.com/mltickets/

Notice of Investor Presentation https://www.lse.co.uk/rns/notice-of-investor-presentation-y0r81p9e4y6ytfe.html