Archive for the ‘Chemicals’ Category

Confident Croda May 3rd, 2008

A confident Croda reported increased profits of nearly £28m for the first quarter and added that full year results will be in line with analysts expectations. Despite the news, the shares eased back yesterday from a high of 714p to 693p.

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  • Selection from Glossary

    • Asset Stripping
      When a company is purchased for the purpose of selling on its assets to make a profit. This is possible because the share price is lower than the asset value of the company.