Interactive Investor
Sell off makes Castings more desirable
Richard Beddard
Publish date: Fri, 07 Dec 2012, 04:01 PM
A fortnight ago, portfolio stalwart Castings announced its half-year results. Sales, operating profits and cash flows were all down by up to 10% over the previous half-year as European truck manufactures reduced orders, and orders have fallen again since the half-year, 20% in total. So have the shares dropped. Fifteen-per-cent on the day, although they've recovered somewhat since.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
