Progress What a quiet board! This company is making good progress and showing signs of being a growth company in a pretty dull sector. A positive housing market is obviously helpful. It seems to have attracted a bit of attention since the annual results. The CEO and CFO both made modest purchases (14215 shares each) at 210p. Div. yield at 265p is 3.2% and a PE of 13.5 - doesn't look expensive but may be fairly fully valued for now.until next half year results.
Re: Euroocell stats Thanks fr that - most useful and certainly confirms my view that this is a buy. Send a letter to Mr Slater for his next article in D.Telegraph Money! Good dividend adds to the attraction.
EUROCELL (ECEL)I Bought Eurocell at 208p on 9th October 2015.What made me to purchase:This share qualifies all the requirements of Jim Slater based on the price of 208p.[link]
Yet another window company? Nobody interested as yet? Is that because the company's business sounds boring in a sector where we all get fed up with 'double glazing salesmen'? I think it does look quite interesting - IPO in March this year and share price showing 12-14% gain so far after an initial drop. The company is profitable - turnover £173m given in prospectus with EBITDA at £26.1m. The company's recycling plant - reprocessing old PVC-V window frames- gives it an environmental plus. Early days on the market but with housing sector strong this might be well worth a modest stake