#FSTA #FULLERS – Sitting in area of significant value
Well run company
Good competitive position
Trading is tough, sentiment is depressed and the shares therefore offer the right balance between protection from falls and potential for gains
Book value is £380m (assets), shares trading at £401m – very modest
Good competitive position
Trading is tough, sentiment is depressed and the shares therefore offer the right balance between protection from falls and potential for gains
Book value is £380m (assets), shares trading at £401m – very modest
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