Bonkers Bargains: a compelling play on a booming sector
Despite problems securing supplies of key products from overseas and steep increases in global shipping costs, the UK building materials sector is enjoying a boom period, with the valuations of many companies propelled to new highs. This small AIM company has been growing strongly and thankfully still looks compelling value relative to sector peers. Find out more about our latest Bonkers Bargain here, including comment on the recently announced full year results.
The UK's construction sector grew at its strongest rate for 24 years in June, as reopening and the UK's ongoing housing boom spurred strong activity across the industry.
Work in the house building sector increased at the fastest pace since November 2003 and Commercial work grew at the strongest rate since March 1998.
While the sector is booming, a survey from IHT Markit uncovered issues on the horizon. Three quarters of firms reported longer…
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