Added to YB: 2026-07-01
Pitch date: 2026-06-28
PMP.L [bullish]
Portmeirion Group PLC
+4.85%
current return
Author Info
The Boon Fund writes about their investments in UK shares. Outperforming the FTSE All-Share, every year, for the last three years. 49% total return vs 15% over three years. They transparently publish their entire portfolio, as well as all buys and sells that they do. Sign up for the newsletter.
Company Info
Portmeirion Group PLC, together with its subsidiaries, manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, South Korea, North America, and internationally.
Market Cap
GBP 7.0M
Pitch Price
GBP 0.52
Price Target
0.94 (+83%)
Dividend
N/A
EV/EBITDA
-26.25
P/E
-1.13
EV/Sales
0.32
Sector
Household Durables
Category
value
Portmeirion: Buying After a -50% Crash and a Massive Placing
PMP.L (new position): UK heritage ceramics maker bought at 50p (2% position), trading 42% below 87p NTAV after -50% crash on dilutive £18m placing. 4 catalysts in 12mo: £6m+ balance sheet boosts (asset sales, tariff refunds), demand recovery (Korea +26%, grandma-core trend), £120m UK gov support (est £20-40m share), activist investors (Lord Lee, AB Traction). New mgmt, net cash post-raise. Target NTAV 94p = +88%.
Read full article (8 min)