UK 03:50 Saturday, 7 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fenner (FENR) is the company that makes advanced conveyer belt systems but which most of its money not from sales of new conveyer belts but from maintaining those already sold; reportedly accounting for 86% of sales revenue. So its prosperity is not so much governed by the opening of new mines but from mine companies seeking, as they are now, to maintain the highest possible levels of operating efficiency in existing ones.
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