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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Polypipe

May 2021

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:
  • PLP
  • Price:
  • 567p
Polypipe, the largest manufacturer of plastic piping systems and energy efficient ventilation for the residential, commercial and infrastructure sectors,  has recovered well following two acquisitions and resilient results, which showed pretax profit only falling 66% to £23.8m (eps:13.5p), after a strong recovery in H2. Polypipe is benefiting from supportive Government housing policies (Help to Buy, Stamp Duty Holiday extension, 95% mortgages) and is upbeat, citing increasing need for resilient drainage, “green friendly” urbanisation, increased focus on clean healthy indoor air and a move towards a zero carbon environment by 2050. Having raised £120m through a placing in H1 ’20, Po ...

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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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