Essentra is too good to ignore

High quality assets should overcome weak market sentiment
Thursday 24 Nov 2016 Author: William Cain
Investors on the lookout for bombed out opportunities should check out industrial distributor Essentra ( ESNT ) after a mild profit warning triggered a 20% share price slump. Essentra’s share price tumbled on Monday 21 November as operating profit guidance was reduced by around £20m to between £137m and £142m, taking year-to-date share price losses to more than 50%. While we have been bullish on the stock all the...

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