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Gamma Communications (GAMA) – Close at 1,910p

We’ve been in Gamma for over two years now, and it has been a very successful investment for our clients.

Whilst the business remains in very good shape, the 100%+ move higher in their share price has put Gamma on a relatively unattractive valuation…

Gamma currently trade on a forward PE multiple of 30.4, one of the worst in its sector, and not especially attractive relative to their forecast earnings growth rate of 17.2%.

With this in mind, we are going to crystalise our profit.

Gross Profit = 118%

GAMA Daily Candle Chart