Swallowfield implemented a comprehensive new strategy in Feb14 aimed at transforming growth, lifting margins and boosting earnings quality. Alongside an exciting & innovative pipeline of new products hitting the market, recent milestones and results confirm the plan is bearing fruit. Whilst coming from a high point, the shares have fallen by 30% almost 30% in the last 3 months, though, which appears anomalous to the improving prospects and growing confidence in the plan. Now on a P/E of 10.6x fa ....