Churchill China – argues “well placed to build momentum”… but already priced-in?
By Steve Moore | Tuesday 20 April 2021
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.
Manufacturer of ceramic products Churchill China (CHH) has announced calendar year 2020 results including “revenues fell by 46% to £36.4m… Profit before exceptional items and tax £0.8m (2019: £11.2m)”. So why are the shares currently slightly further higher towards 1500p?…
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