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Mpac - Meeting notes

March 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MPAC
  • Price:
  • 261.5p
I found Mpac’s chief executive, Tony Steels, in good cheer ahead of results scheduled as this issue goes to print.“On the contact lens side for one customer, Coopervision, a soft contact lens manufacturer, we are now able to handle their contact lens processing. We take the lenses and the solution and put them in a thermofoam box and then seal it. Further up the line we then put it into secondary packaging such as a box, add the home address details and send the package out. The production line isn’t just making one type of lens but there are lots of SKUs and the line spends little time on changeover.”This vignette is a direct quote from Steels and shows how within the packaging sector certain industri ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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