By Tom Winnifrith & Steve Moore | Tuesday 1 July 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.
Plastics Capital (PLA) has announced results for its year ended 31st March 2014 and updated that “trading for the first quarter of FY2015 continues in line with management's expectations and there are indications that trading conditions will improve over the coming months”. These shares look cheap as we explain below.
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