YIT Any opinions?8 Jun 2024 10:24
Freetrade puts this on there site as a random choice. IE one no asked for.
For some reason l looked at.
Construction, you name it they do it.
The main thing I noticed was that it was trading at 0.47 price to book value.
Assuming the figures were accurate (not necessarily true) I gave it a bit of a look.
Dividend falling post COVID and then cancelled.
A bit more research and decided to buy a very very small holding and since increased it(tripled).
Still a very small holding.
So presently up 25%. Only real news was the building of a block of flats where the bricks use some recycled material. Either way that added 18% in a day.
Hoping to add more money on any fall back but struggling to understand what the catalyst will be. Anyone looking at it or owning it?