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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Elementis - Personal care acquisition transforms prospects

April 2018

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:
  • ELM
  • Price:
  • 311p
Sometimes new management can revive the fortunes of a moribund business and the arrival of a new CEO and CFO (both highly regarded former directors of BP Lubricants) at FTSE-250 group Elementis in 2016 has coincided with a spike in the shares towards all-time highs.Elementis is best known for making specialty additives that enhance the look, feel and stability of industrial paints and coatings and thanks to proprietary technology, it has always enjoyed strong margins and surplus cash generation. While the latter led to generous special dividends, the company never quite caught the imagination due to its cyclicality in certain markets but new CEO Paul Waterman is providing the platform for consistent double digit growth by focusing ...

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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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