Rotork, an actuator manufacturer and flow control company, are in the process of purchasing Young Tech. Co. Limited.

Since our last post, this share has performed well, climbing from about £25 to nearly £28. The stock with our target value of about £37 is still healthy. However, in the near term, from the charts and with the acquisition of Young Tech, I think the share price could drop back to the £25 mark.

You invest for the longer term but consider taking profits on this for the time being.