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Chamberlin – “Corporate Update”, attempted ramptastic?

By Steve Moore | Friday 16 December 2022


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.


Castings and engineering company Chamberlin (CMH) has issued a “Corporate Update” including emphasising “Russell Ductile Castings returns best ever monthly performance, exceeding £1 million monthly revenue for the first time, in November 2022. Investment in new plant and equipment at RDC now complete” and “Group defined benefit pension scheme now in a surplus position”. Sounds good, so what of a currently up to 3.95p share price?
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