Simon Thompson 

STM in bargain basement territory

Simon Thompson

Simon Thompson

The share price of Aim-traded STM (STM:55p), a company that primarily administers offshore pensions and is expanding both its UK and international self-invested personal pensions (Sipps) operations, has drifted back since I covered the half-year results (‘STM delivers strong growth’, 11 Sep 2018), albeit the holding is still showing a total return of 71 per cent since I initiated coverage (Tapping into a pensions payday’, 27 Apr 2015). This has created a repeat buying opportunity well worth exploiting, especially as a pre-close trading update confirmed that STM is trading well, and is likely to continue to do so.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now