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Croda – why I've doubled my position

By Chris Bailey of Financial Orbit | Tuesday 24 June 2014


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Was it really 187 days ago when I wrote about Croda International (CRDA) and Vedanta (VED) exiting the FTSE-100 and maybe providing a buying opportunity?  Vedanta has worked well enough (and I have been taking some profits but, of course, do your own work and come to your own conclusions) but Croda has returned to the c. £22 share price level today it was in mid-December after a short Q2 pre-close statement.


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