image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Our latest issue will be released in 9 days, don't miss out!

Elementis - Specialty chemicals group an intriguing “opening up” play

April 2022

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:
  • 118.5p
Old timers may recall I previously wrote on Elementis, a speciality chemicals business occupying highly profitable niches, at 156p in April 2011 and the shares went on to hit a high of 280p in 2015. The business is best known for making additives that enhance the look, feel and stability of industrial paints, coatings and personal care products and it lays claim to ownership of the world’s only hectorite clay mine that produces the key raw material (a rare soft, greasy, white clay material) for these products. The “moat” around this raw material has underwritten high teens operating margins, consistent sales and strong cash flow. Alongside this, it has also made a foray into anti-perspirant raw materials and industrial talc via acquisiti ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe