Recent purchases of stock by three Board members give the best possible message that Fenners have been oversold. They supply a diverse mix of international majors and are on track for another good year but some short sellers had pushed the shareprice down to a silly level from which it is now recovering- hence an opportunity beckons. I recently had a conversation with a leading mining engineer in Johannesburg who described their gearing as 'a class apart ,.
25 Apr '13
According to the latest gdp figures today mining and quarrying increased by 3.2% in the first quater which should be good for Fenners.Revenues were down slightly in yesterdays half year figures but should grow during the second half. Fairly good yield at this price.
12 Apr '13
RE: Bought in
Im back in for a third time here, does seem to keep going down to 370 then back up to 420, so this is good for a 10%+ gain, and/or hold for the dividends. Recent positive trading update and good fundamentals, buy!
12 Apr '13
Did some research recently and this little company popped up - some further research suggested it was undervalued but also rated by most analysts - as a result I had a dip and hey ho it appeared in the FTSE 250 top movers today..... Just another conveyor belt company - and how many of those do you know?
22 Feb '13
SP rising today,we have a good dollar earnings here.
6 Feb '13
RE: A hidden gem?
At last the turn around. Far too cheap and chart indicates at base of a uptrend channel. Should be a lot to come.
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