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[ad_1] Image source: Getty Images Shares of Michelmersh Brick Holdings (LSE:MBH) have fallen 17% since July. This fall gives the premium brickmaker an £86m market cap and share price of 95p, putting it back into penny stock territory. Challenging times Michelmersh owns a wide portfolio of bricks brands, including most of the UK’s premium ones. It produces over 120m clay bricks and pavers every year.  As one can imagine, the company is operating in a tough market. On 2 September, we saw this in its half-year results. While revenue edged 1.1% higher to £35.8m, gross margins narrowed to 33.6% from…

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[ad_1] In this article, we discuss a reader’s question, “How should I benchmark my equity MF returns?”This is an important step for those investing in active mutual funds as it often reminds them that beating a benchmark index is not easy. See: Why are you recommending index funds when your portfolio has beaten the market?However, it is not the first step. That is investing with a goal and a suitable asset allocation for that goal, increasing our investments by at least 10% a year and having a plan for gradual reduction of equity exposure well before the goal deadline are the…

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[ad_1] The Washington PostTrump covets rare earth riches, but Greenland plans to mine its own businessInterest in Greenland’s minerals is soaring, driven in part by Trump, who has said the U.S. must “get” the island. But the rare earths will be hard to mine..1 month ago [ad_2] Source link

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