MIDAS VERDICT:

Foreign exchange is an essential part of business life and Argentex helps to make the process smooth, efficient and cost-effective. But around 85 per cent of companies still turn to banks for their foreign exchange needs, with trades amounting to billions of pounds in the UK alone. Adams is determined to change banks’ dominance of the market, aiming to offer better service and more competitive pricing than traditional players. As a 12 per cent shareholder, he is highly incentivised to succeed, while the board provides further reassurance, chaired by corporate veteran Digby Jones, a former director general of the CBI and stalwart defender of UK business interests. The shares, at £1.19, should go far. And the dividend adds an attractive little extra.