Ssl Offer Pays Investors Handsomely ; Midas Update

Mail on SundayJuly 25, 2010

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Summary


SSL INTERNATIONAL has had an extraordinary decade. In 2001, then finance director Garry Watts discovered fraudulent goings-on within the company and in 2003, the shares hit a 12-year low of 166p.

Some months later SSL received an opportunistic bid approach that took the stock to 335p. The bid came to nothing, Watts was promoted to chief executive and he then spent several years focusing the company on two brands known around the globe - Durex condoms and Scholl foot products.

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Extract


Ssl Offer Pays Investors Handsomely ; Midas Update

My colleague Simon Watkins recommended SSL to Midas readers in October 2008, when the shares w...

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