4 April 2024 - share buy back
The specialist engineering group, which was spun out of Melrose last year, has proved to be a very disappointing investment so far. Regular readers will know that we tipped the shares in January at 103.35p as we felt that they were undervalued but sadly they have since fallen back.hitting a low of 75p recently. At the time of the 2023 results' announcement a couple of weeks ago, we re-iterated our buy recommendation when the shares were 85.5p as we felt that the fall in the share price had been overdone . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
