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.
Manufacturer of proprietary plastics products for niche markets, Plastics Capital (PLA) has updated that it “continues to trade broadly in line with market expectations” and that, looking ahead, it “anticipate(s) a year of significant progress”. However, with the shares - at 133p - having made further progress since my last update does the risk/reward here continue to look favourable to the long tack?
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