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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Polypipe

September 2020

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:
  • 405p
It was only mid-February when shares in Polypipe had stormed to a new high of 625p and although Covid-19 has seen them retrace back to 405p, all is not lost. Although April revenue was 66% below 2019 levels, that improved to minus 30% in June. Commercial & Infrastructure was resilient with many contractors returning to operations (albeit at reduced productivity levels) while it tapped a rich vein from crisis related emergency project work for NHS hospitals and care / recovery applications, particularly in its Nuaire ventilation business. Recovery in Residential Systems was more subdued reflecting the shut-down of the new build market in April and May followed by a more measured return to work. Overall, group rev ...

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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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