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Hello, Share Pranksters. As I’m a responsible sort of chap I initially baulked at commending Victrex (VCT) to your further scrutiny. It makes plastics. So one thinks of polluted oceans. But this company makes a lightweight plastic which is used instead of metal. That still sounds a bit un-green, I know. Until I realised that this lighter plastic is used in cars and planes instead of heavy metals. And that saves on fossil fuels...
An AGM update from “high performance polymer solutions, focused on the strategic markets of Automotive, Aerospace, Energy, Electronics and Medical”-company Victrex (VCT) includes “our expectations for the second half are unchanged, with new projects and reduced headwinds supporting our assumptions” – and the shares have currently nudged further ahead of 2300p. However, that compares to circa 3400p at the start of October. Hmmm…
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