By Steve Moore | Thursday 20 February 2020
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.
Previously writing on bathroom and kitchen products company Norcros (NXR), in October I reviewed how’s ‘play it safe and bank the gain here. Sell’ looking approaching a year on? – concluding suggesting increasing difficulties with a reliance on winning market share. Meanwhile, acquisitions still bring greater elements of risk. Thus, whilst at a current circa 220p the shares look cheap, I currently remain on the sidelines here. The shares last closed at 291p but are currently sliding on a “Trading update and impact of the Coronavirus”…
Join us for free and gain access to three articles per month
Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.
Filed under:
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Time left: 02:33:30