Friday April 25, 2014


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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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James Cropper: Sell and bank gains

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- Tom Winnifrith

I first recommended shares in specialist paper and materials group, James Cropper (LSE: CRPR) back in November 2002 at 168.5p on a site that I now feel no need to mention. There have been dividends along the way (70.3p to be exact) but with the shares currently at 177.5p the total returns have clearly not been as I would have hoped (a mere 47%). Having said that the stock has recovered from low early 2009 levels (54p) at which point I was urging followers to average down aggressively. But what to do today?

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