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.
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