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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Victrex - Maker of designer polymer boasts remarkable ten year record

December 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • VCT
  • Price:
  • 1740p
While many investors perceive the chemicals sector to be riddled by mature, low growth businesses one notable exception is Victrex, which manufactures and markets PEEK, a “super thermoplastic,” which scores highly in areas such as heat resistance, mechanical strengths, wear / friction and chemical resistance. On a ten-year view the company’s performance has been nothing short of electrifying with sales, pretax profit and eps increasing from £87m, £28.5m and 23.9p in 2004 to an expected £247m, £101m and 93p in 2014 – which represents growth of 184%, 254% and 289% respectively.Unlike polyethylene, which is used for packaging or Teflon, (best known for non-stick coating for saucepans), PEEK was not discovered by accidents or fortuitou ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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