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Love clean air but don't get precious about Johnson Matthey

By Chris Bailey | Thursday 31 May 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.


Back from some half-term jaunts...and it is not the usual Thursday frenzy in the corporate earnings markets. I do note though results from my old mucker Johnson Matthey (JMAT) which I have loved-up in the past, describing it as a 'precious metal refiner and clever catalytic converter technology company'. I also - back in September last year - highlighted the 35 quid share price level as being full. Well that worked alright over the following few months but here we are again back close to that big level. So what do you do?

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