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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Scapa

October 2017

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:
  • SCPA
  • Price:
  • 450p
Scapa has announced an interesting acquisition of Markel Industries (and associated businesses) for US$10m. Markel is a leading North American manufacturer of adhesive floor mats and tacky rollers for use in medical clean rooms, electronic and industrial assembly areas, construction sites and sports venues. These are multi layered adhesive consumable mats positioned at doorways etc. to attract contaminants and which are peeled off once contaminated. Markel’s customer base, which is mainly North American, has a similar profile to Scapa and there will be cross-selling opportunities.With Markel generating EBITDA of US$1.7m in 2016, the acquisition is expected to be eps enhancing, while margins are strong at over 20%.N+1 Si ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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