Synthomer Share Price (SYNT)

Chemical companies seem to be doing very well apart from the share price but it’s holding up really well ready to break the 3.14 this is my second biggest holding and next is Elementis same doing well but poor share performance.

Thanks for that Trek. Encouraging and backs up some of their comments in the last update.
We're still struggling to break free of 314p trade-wise but this should surely happen en route to the 1st June.
I'll certainly be increasing my holding if there's another dip to the low 290s.
Nothing more from LKL but Arsenal could be right if the SP stays grounded, at worst the yield should be high enough to protect from inflationary deflating of the SP.

Interesting comments on croda’s results from alliance news. We could take a read across…

‘ Elsewhere, Croda International backed its full-year forecasts following a strong start to 2022 which saw the firm "successfully" mitigate inflation pressures.

The specialty chemicals firm said demand was particularly strong in North America and Asia. "Notably, April sales in China were ahead of the prior year despite local Covid-19 lockdowns," said Croda.“

Usual caveats

Trek

I note that the SP here pre and post pandemic was in excess of £4 and more often £5 plus. It seems strange that given Synthomers resilience to the marker down turn as well as the ability to pass on rising costs (or some at least) to customers Synthomer are now looking like a value stock with some decent SP growth. Unfortunately the market doesn't always react in the way you think it should. In actual fact, they market seems to do the very opposite. So here we are, probably back to £2.80 area which will be a screaming buy for me.

After a little research and another poster mentioning these I've added a small starter position. The quarterly update is at least positive. Would be nice to see the SP appreciate and the dividend to stay roughly at where it is. Will continue to watch the SP and add more on any weakness