Simon Thompson 

On a successful mission to a higher rating

Simon Thompson

Simon Thompson

Aim-traded shares in UK advertising and marketing specialist The Mission Marketing Group (TMMG:90p) rallied 37 per cent to an 11-year high of 96p after I last suggested buying, at 70p, when I covered the annual results three months ago ('Marketing a rerating', 9 Apr 2019). To date, the shares have produced a total return of 72 per cent after I highlighted the investment potential when they could be purchased around 53p ('Alpha Company Research: Simon Thompson’s latest bargain buy', 11 Oct 2018). The ongoing rerating is more than warranted as Monday's pre-close trading update highlights ahead of the release of half-year results on 25 September 2019.

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