Here, Helal Miah, investment research analyst at The Share Centre, suggests five AIM-listed stocks for investors to consider.

1. Incadea

Incadea is a software company whose products aim to improve the performance and efficiency for car dealerships and since coming to the market in May 2012, the share price has made steady headway.

The company has a presence in around 80 countries and 2000 dealerships, with established relationships with BMW, Nissan, Mercedes and VW. It is currently concentrating on developing into emerging markets, especially the BRIC markets (Brazil, Russia, India, China), where opportunities are far greater than parts of Europe.

The April results showed Incadea is making excellent progress with increased demand from clients and this is expected to be reflected in an improving revenue stream. As expected, a first dividend for shareholders was announced.

This is a higher risk smaller company idea for the medium to longer term, which is establishing itself across the globe in a niche market. According to forecasts the group is trading on a P/E of around 15 times this year’s earnings.

2. Amerisur Resources (high risk)

As this is a small oil and gas exploration firm operating in a potentially unstable region, it represents a very high risk investment.

In terms of exploration, the company has made significant progress in recent years, turning exploration projects into productive assets. The current total production level is 7,100 barrels of oil per day (bopd) and capacity is 8,500 bopd. The target is to double the 2012 production rate by the end of 2013.

With production increasing at a rapid rate, the company is expecting to build on last year’s performance with net margins expected in the region of 45% higher, helped by the fact that the company has no debt on its books.

3. Mulberry (high risk)

The luxury goods sector as a whole has come under some pressure recently, partly as a result of concerns over Chinese and global growth. However, Mulberry’s weakness has been more to do with its heavy focus on the UK and European markets where the economic conditions have been much weaker.

However, we believe that for the high risk investor this represents an entry point for a long term investment into a stock that has the potential to see significant demand growth. Also the potential will be increased if it manages to shift its sales focus to emerging countries such as China where the evolving demographics favour luxury goods. Other luxury brands are doing extremely well from Asian demand and we believe that Mulberry can prosper too.