All Stories

Plastics Capital Trading Statement: Buy

Tom Winnifrith
Tuesday 29 January 2013

I commented positively on shares in AIM-listed niche plastics products manufacturer, Plastics Capital (PLA) in September at 66p and November at 72p. This was a big winner from my days at t1ps.com. Following a trading update today which reported that the company “continues to trade broadly in line with market expectations” and that “performance should be broadly in line with expectations over the final quarter and looking into the next financial year anticipate a year of significant progress”, the shares now trade at 79.5p. The following reviews today’s announcement and offers my remoulded take on the shares (that is a bad pun BTW)

on ADVFN | Comments
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Recently Featured on ShareProphets
Sign up for my weekly newsletter








Required Reading

Recent Comments


I also read