Latest Views & News

Tate and Lyle: book the profit...and where's my tin of golden syrup?

By Chris Bailey of Financial Orbit | Saturday 10 November 2018


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.


It is usually John Paul Getty who is given attribution for the wonderful 'by selling too soon' response to the question of how to get rich.  Selling is an important discipline and there is certainly no crime in taking a few profits...which brings us to Tate & Lyle (TATE).  Maybe I have been consuming too many sugar - or sucralose - laced products recently but I feel pretty pleased with this one, telling everyone to get stuck in earlier this year and then suggesting a hope price of 7 quid a share in May  after an initial bounce.  Well hold the front page...it has happened following Thursday's results publication. 

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

|