Portmeirion Share Price (PMP)

So am out. Will probably recover now but I wish I had a stop loss policy with more of my shares. The pist Xmas update was appalling and the company seems to have lost its way. Divi was decent. I think the SP was £10 at one stage so my entry point at 600p loomed timely buy the SP collapse showed otherwise.

Though this share has become accident prone. Wouldn't be surprised to see a bid given how lowly the SP is compared to historic highs. Holding for now but losing patience with the performance tbh.

Cant believe the reaction this morning. Fully expect this to finish flat. DYOR

It is curious how such similar companies can be valued so differently.

I hold a bit of Churchill for family reasons. It is almost valued as a tech company on a 20 times PER, whereas long established mining companies like Bisichi are valued on a 0.5 times PER (CAP is £25m, and it is about to report around £45m profit).

And then a large mining company like Thungela has a PER of 1.4, and a dividend yield of 42%!

There is a lot of madness and irrationality out there, and some very easy money.

Churchill China's Mcap is 140m with similar 8-9m PBT. We are undervalued.