Share price pull-back: an agricultural micro-cap stock to watch

first_img Image source: Getty Images Positive sentiment buildingWynnstay believes the UK Agriculture Bill presents “significant opportunities”, as farmers are now incentivised for efficiency and environment initiatives. The bill provides a framework to replace outdated legislation and should help support farmers by paying them to produce public goods.In 2017, the Wynnstay share price reached a high of 650p. If it can return to those levels, it has considerable growth potential ahead. However, climate change is impacting crop success and industrial farming is coming under fire. Technology is making advances into improving farming to reduce its carbon footprint.Wynnstay has an advisory team to help farmers increase efficiency and productivity. Part of its strategy is following trends in product development, R&D and ultimately enhancing customer performance.Growing through acquisitionsThe Mid-Wales firm is expanding its horizons. It’s just completed the acquisition of two companies to complement its existing set-up. These purchases include the agricultural division of the Armstrong Richardson Group, and the fertiliser manufacturing business and assets of HELM Great Britain.The Wynnstay share price is currently experiencing a pull-back, so is this a good time to buy? The long-term agricultural outlook does concern me, but we all have to eat and some areas of the world, such as China, are aggressively importing agricultural products to keep up with rising demand. This micro-cap has already enjoyed a nice share price run since the turn of the year, and I think the vaccine rollout gives further encouragement. A P/E of 17 is getting on the high side for a small company, but it’s growing through acquisitions and has a strong presence in the UK farming community. I think Wynnstay is a micro-cap stock to watch, and I’m tempted to buy some of its shares.  I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Kirsteen Mackay | Saturday, 6th March, 2021 | More on: WYN Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment.center_img FREE REPORT: Why this £5 stock could be set to surge The stock market can be a volatile place, particularly when it comes to lesser known micro-cap stocks. As a long-term investor, I try not to worry about a market pull-back. It’s a natural occurrence in the financial markets. And it gives me an opportunity to top up my investments with a few potential bargains. Choosing to buy stocks in the red is easier said than done. I often find myself asking: could it fall further? But then I reassure myself that if I’m confident in the underlying business, the price I pay shouldn’t matter as much as where it’s headed in the long run.A micro-cap stock to watchOne such stock I’ve been considering adding to my portfolio is agricultural supplies company Wynnstay Group (LSE:WYN).5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Year-to-date the Wynnstay share price has risen 41%. It’s a small company with a market cap of £96m. The pandemic caused challenges for the business, and Brexit didn’t help matters either. But in the group’s final results for the year ended 31 October 2020, it showed signs of resilience.Full-year revenue fell 31% year-on-year, partly due to reduced volume in grain trading and other commodities. That’s a high amount, but with the pandemic and Brexit to contend with, it’s not really a surprise.Despite this, underlying pre-tax profit rose 4% thanks to strong feed sales at the end of the year. But earnings per share fell 10%. Net cash and assets both increased, and the company raised the dividend by 4.3% to 14.6p for the year.Today the company has a price-to-earnings ratio (P/E) of 17 and dividend yield of 3%. Share price pull-back: an agricultural micro-cap stock to watch Get the full details on this £5 stock now – while your report is free. Enter Your Email Address For regular stock market investing ideas and help choosing the best UK shares to buy now, sign up to The Motley Fool today. See all posts by Kirsteen Mackaylast_img read more

Newspaper editor’s murderers still at large two years later

first_img July 29, 2020 Find out more Sunday Leader editor Lasantha Wickrematunga, a courageous, talented and iconoclastic journalist, was shot dead in Colombo by a death squad two years ago tomorrow. His murder is still unpunished.Reporters Without Borders is appalled by the fact that the Sri Lankan government is doing nothing to solve this murder and in fact is clearly preventing the truth from coming to light. By blocking the investigation and by fostering a climate of impunity and indifference, the government has become an accomplice. Wickrematunga’s murder dealt a major blow to media freedom in Sri Lanka.The press freedom organisation voices its support for the editor’s family and colleagues, including his widow, Sonali Samarasinghe, and his brother, Lal Wickrematunga, who are themselves journalists.“We urge President Mahinda Rajapaksa to launch an exhaustive criminal investigation by requesting the assistance of international experts, so that the person responsible for this horrible murder can be identified,” Reporters Without Borders said. Help by sharing this information News Sri Lanka: RSF signs joint statement on attacks against human rights defenders, lawyers and journalists January 7, 2011 – Updated on January 20, 2016 Newspaper editor’s murderers still at large two years later His brother, Lal Wickrematunga said: ” Lasantha was murdered two years ago and the investigation has not progressed beyond the perfunctory level. Although fingers have been pointed at Gen. Sarath Fonseka, the investigating arms seem to be waiting for a nod from politicians before making any significant moves. The arrests made thus far do not give the impression that an honest attempt is being made to find out who ordered the killing.More than 50 hearings have been held before a magistrate’s court and the police still seem to be drawing a blank. Although 15 military intelligence officers were held for a brief period, they were released with no explanation being given to court. If Sarath Fonseka was responsible, as political analysts believe, the government should have charged him for murder instead of using military courts martial to try him for relatively a minor offence compared with murder. Lasantha’s family does not believe that the investigation is being conducted with any real purpose and it may take a long time, and a change of government, to get to the bottom of this heinous crime.”Interviewed about the anniversary, a local investigative journalist told Reporters Without Borders: “It is sad and shocking to see that, although two years have elapsed, the government and law enforcement officers have still not been able to make any key arrests in Lasantha’s murder (…) All pleas by Lasantha’s editorial staff and his family for a thorough investigation seem to be falling on deaf ears.”The journalist added: “There has absolutely been no progress in Lasantha’s murder investigation and this is quite surprising as government ministers such as Mervyn Silva had publicly claimed that he knew who was responsible for Lasantha’s assassination but would not divulge it. If ministers can make public remarks of this sort, then it is only right for the authorities to question them and get to the bottom of who is responsible for Lasantha’s murder.”The editor’s family, friends and colleagues will gather at his tomb at 10:30 a.m. tomorrow to mark the second anniversary of his death.See the full statement of Sonali Samarasinghe, Lasantha Wickrematunga’s widow : http://en.rsf.org/sri-lanka-lasantha-wickrematunge-s-widow-and-07-01-201… News Sri Lanka: tamil reporter held on absurd terrorism charge Organisation RSF_en Sri LankaAsia – Pacific News Follow the news on Sri Lanka News Sri Lanka: Journalist manhandled by notorious police inspector currently on trial January 13, 2021 Find out more Sri LankaAsia – Pacific Receive email alerts to go further July 15, 2020 Find out morelast_img read more