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No. of Recommendations: 0
Barcoo
Not sure whether you would be interested but Campbell Bros Ltd (CPB) is an interesting company. They have a steady soap and industrial chemical business which provides a good profit and dividend. The other part of their business is in providing analytical laboratory services. It is this part which I find interesting. For some time now they have been aquiring laboratory service companyes around the world until now they are one of the biggest, if not the biggest, in the world.
These labs provide a service to the mining industry and Campbell's, I am sure, are waiting until they are big enough when they will then push up the price of their services. I can see no other reason for them to aquire so many of these labs around the world.
I first bought into Campbells a couple of years ago when the price was around $4.50 it stagnated around the $5 mark when I bailed out.
Since then I notice the price has risen to around $6 which may indicate that the company is at last beginning to move.
It is one of the companies I will be looking at in a couple of months.
Regards
Harmy
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