2nd October 2013
Stockbroker The Share Centre is tipping biotechnology firm Anpario as a ‘buy’ for adventurous investors.
The FTSE AIM All-share listed group specialises in the development of biochemical attractants for use in the fishing industry and over the past year its stock has soared by no less than 92%, 55% of which has been gained in just the last six months.
Helal Miah, investment research analyst at The Share Centre says: “We recommend Anpario as a ‘buy’ for higher risk investors seeking a longer term niche investment opportunity.”
According to Miah, there is limited choice for UK investors to gain exposure to agriculture and a growing global population and improving living standards in developing countries will increase demand for meat and fish.
He adds: “Anpario is a very small company that is trying to build a name for itself as an international producer of value-added natural feed additives. The fact that such a small company already has a geographical spread helps offset regional financial and geopolitical concerns.
“Its recent update reported improving profits as a result of both organic growth and last year’s acquisition of Meriden which enhanced product range and market exposure. It also highlighted a good start to the second half of the year.”