Master Investor

Master Investor

Share this post

Master Investor
Master Investor
Chemring Group – Defence Specialist Still A Target

Chemring Group – Defence Specialist Still A Target

If Bain Capital makes another bid approach, then strong countermeasures will be necessary.

Mark Watson-Mitchell's avatar
Mark Watson-Mitchell
Mar 17, 2025
∙ Paid

Share this post

Master Investor
Master Investor
Chemring Group – Defence Specialist Still A Target
Share

Just over a month ago Chemring Group (LON:CHG), one of my favourite companies within the defence sector, saw its shares down to just 305p.

Last Friday night they closed at 411.50p, up 15.50p on the day, on the back of a hefty 2.67m shares traded.

That values the group at around £1.11bn – which I believe to be a cheap valuation, especially considering that it is now in a possible bidder’s sights.

Keep reading with a 7-day free trial

Subscribe to Master Investor to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Master Investor
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share