RE: I may be simple but5 Sep 2022 16:37
Bob,
UPGS has a market positioning that should hold up better than most, even in a prolonged recession.
There may be concern over the supply chain because UPGS has its factory in China, however, they proved very adept at managing this through Covid.
I suspect it is not specific to the company and more the general shift away from equities due to expectations of a broad correction.
I have confidence in the management and as you mentioned, insiders are buying, which should add to our confidence.
My view is that UK stocks are less inflated than those on American exchanges and they may not have much further to fall, so I intend to gradually buy more of these.