Stock price when the opinion was issued
Will benefit from low feed stock prices going on in North America. Nat Gas goes into manufacturer of their plastics, chemicals, resins and then ultimately building products. Low input costs and healthy demand for their products for the recovery in the US housing prices. A play on housing AND Nat Gas. 1.5% dividend.
They bought Rival Group Technology’s home building products division so 20% of their business is in this area and they will participate in the North American housing strength, especially in the US. They are also a plastics and chemicals maker and given the low feedstock prices they will benefit. Yield of 0.77%.