From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Placement Watch: Produce Investments - the market loves it!

By Ben Turney | Friday 16 May 2014


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.


Produce Investments (PIL) is a rare breed of AIM-listed stocks. It delivers consistently strong performance and pays a reasonable dividend. You probably haven’t heard much about the parent company of one of Britain’s leading growers of potatoes, Greenvale Ltd., but in the last year Produce Investments’ share price is up 78%. This morning the company announced a discounted placement to fund the acquisition of the Jersey Royal Company, but, as of writing, the shares have risen 8% in this morning’s trade. No, Produce Investments really isn’t your common or garden share.


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

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 12:26:04