PZ Cussons – should I mope about a YTD unchanged share price?
By Chris Bailey | Wednesday 23 September 2020
Disclosure: I own shares in one or more of the stocks mentioned. 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.
Only a week or so until the start of October and the formal start of the fourth quarter of a certainly different year. In the narrow commercial world of stock market investment, many of the thoughts in the institutional world will be about how year-to-date performance against both benchmarks and absolute terms is looking – and whether there are a few tweaks needed in the last few months of the year. For my personal pension fund such considerations should not really matter as – unless I fancy talking to myself – I don’t have to rock up early next year to talk to a much of dusty trustees, excitable intermediaries or comedy line managers about how well or badly my portfolios have done. However, all those years taking the institutional shilling continues to influence and – like the investment sad-o I am – on my monitoring spreadsheet I do have a year-to-date performance column. I have been a fan of PZ Cussons (PZC) for a while…
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