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WYG plc – positive update, but are the shares a buy?

By Steve Moore | Friday 12 September 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.


Project management and technical consultancy, WYG plc (WYG) has announced a £3.2 million acquisition and that “we anticipate that operating profit for the full year will be modestly ahead of current market consensus figure of £5.25m”. However, following a share price recovery from 42p as recently as August 2012 to a current more than 115p, is there still value in the shares? Would I buy?


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