Not too sure about that, I kinda figure disgruntled (and spooked) investors will take the SP south on this announcement. There’s nothing in there to warrant excitement in CPH, yet if they gave details of HHI sales or further progress in Europe, then that would’ve suggested a sense of positivity for CPH. I’d like be proven wrong, but in these uncertain and volatile times, companies such as CPH are not considered safe havens and are sold off accordingly (despite the long term nature of the hold).
CPH Price at posting:
88.5¢ Sentiment: Hold Disclosure: Held
