In this issue... our top October share tips, company features, market insight & Aggressive Portfolio III.
Morgan shares poised to advance?
Morgan Advanced Materials (258.5p) released strong interim results in July but the company’s share price has since moved significantly lower given the volatile market conditions which we have witnessed since then. Late last month CFO Richard Armitage bought 40,000 shares at 229p, just before they slipped to a low which had not been seen for over two years. However, they stood at over 400p little more than a year ago and a return to that level is certainly possible in the medium term, pointing to potential upside of over 50% for those buying in now.
The company describes its purpose as to use advanced materials to make the world more sustainable and to improve the quality of life…
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