The rather spectacular 200% rise in the share price of specialty chemist Flexible Solutions (FSI) this year so far seems to have gone entirely unnoticed here on SA:
With such outsized gains, two questions immediately enforce themselves:
- What is the cause (or causes) for these gains?
- Can the gains last and is there more to come?
We'll first introduce the company a bit further. The company operates in two segments:
- EWCP: energy and water conservation products, which consists of a ((I)) liquid swimming pool blanket which saves energy and water by inhibiting evaporation