SYNTHOMER PLC (SYNT) Shares
ABOUT SYNTHOMER PLC
Synthomer plc was formerly known as Yule Catto & Co and is a British-based chemicals business.
The company was founded in 1863 by Andrew Yule. He founded a trading house called Andrew Yule & Co. in Calcutta and at the same time his brother George set up George Yule & Co. in London as British agency for Andrew Yule & Co. International success in a diverse range of industries led to it becoming a specialist chemicals company in the new millennium.
Since then several strategic acquisitions consolidated its position as a premier global supplier of aqueous polymers, with leadership positions in many markets.
Since 2007 the group has been transformed from a diversified chemical business to a focused specialist polymer business and in 2012 changed its name to Synthomer.
Its operational headquarters are in Essex, United Kingdom and provides customer-focused services from regional centres in Harlow, UK; Marl, Germany; Kuala Lumpur, Malaysia and Atlanta, USA.
OVERVIEW OF SYNTHOMER PLC
Synthomer plc has three activities: polymer chemicals, pharma chemicals and impact chemicals and employs about 2 900 people across more than 25 sites.
They manufacture and supply lattices and specialty emulsion polymers, products that are used in many market segments including construction, coatings, textiles, paper and synthetic latex gloves.
Synthomer is one of the world’s foremost suppliers of aqueous polymers which enhance the creation of new products and the performance of existing products in the above industries.
With the acquisition in 2016 of Hexion’s Performance Adhesives and Coatings (PAC) Synthomer expanded its product portfolio and boosted its geographical presence to better serve new and existing customers around the world.
VISION & VALUES OF SYNTHOMER PLC
Synthomer plc uses its technical expertise and capability to anticipate customers’ needs and deliver competitive advantage for them by helping to create successful products and improve their manufacturing operations’ efficiency.
They have put in place a sustainable value chain to ensure the entire Synthomer organisation works as one to meet the current and future needs of their customers and shareholders who purchase shares with the company.
MARKET PERFORMANCE OF SYNTHOMER PLC
- Synthomer plc’s shares are traded on the Financial Times Stock Exchange (FTSE) under the stock symbol SYNT listed in the Industrial Chemicals sector.
- During the last financial year revenue went up 9.4% to £ 1.6bn and its underlying profit before tax increased from £ 130.0m to £ 135.1m, an increase of 3.9%; and IFRS profit before tax increased by 39.2% from £ 86.4m in 2017 to £ 120.3m in 2018. With 2018 revenues and an EBITDA of more than £180 million.
- Synthomer’s robust financial performance ensures it is well positioned to continue to invest for long-term growth and gives shareholders ample confidence to buy or sell shares and expect sound dividends and returns in 2019 and further.
Buy SYNTHOMER PLC stocks / shares – ? A Step by Step Guide how to Buy / Purchase SYNTHOMER PLC Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy SYNTHOMER PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SYNTHOMER PLC STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE SYNTHOMER PLC STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SYNTHOMER PLC stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy SYNTHOMER PLC stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?