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Eqtec: Golden cross aftermath points to 20p plus

Eqtec: Golden cross aftermath points to 20p plus

By Zak Mir

1 mins. to read

While it may be over egging it to suggest that Eqtec (LON:EQT) is my new favourite minnow, there is plenty on the technical and fundamental side here to appreciate. One of the happy realities for the start of 2017, and for those like myself who love small caps, is that we are very much back…

Margin of safety makes Lloyds attractive

Margin of safety makes Lloyds attractive

By Robert Stephens, CFA

5 mins. to read

Lloyds (LON:LLOY) has a valuation which I think is exceptionally cheap. I feel this will be important during 2017, since there are clear risks facing investors. For example, Brexit talks are about to commence and according to the President of the EU Commission, Jean-Claude Juncker, the two-year period will see the EU adopt a tough…

Evil Knievel

Evil Diaries

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Stamp duty conniptions

Stamp duty conniptions

By Evil Knievil

1 mins. to read

Stamp duty conniptions: readers will remember Osborne upping stamp duty on £1.5m+ properties from 5% to 12% and wondering just who would be muggins enough to pay that. And therefore why the raise had come into being. However, the background was that quite a lot of Conservative voters felt that somehow they were missing out…

Warren will not agree

Warren will not agree

By Evil Knievil

1 mins. to read

The Kraft Heinz bid for Unilever (LON:ULVR) is quite interesting. When preparing for a bid like this it is wise to canvass major shareholders well in advance of parking one’s tanks on the oppo’s lawns. This might have shown that there was/is no discontent with ULVR’s management. On this basis the deal would purely have…

Equities

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Margin of safety makes Lloyds attractive

Margin of safety makes Lloyds attractive

By Robert Stephens, CFA

5 mins. to read

Lloyds (LON:LLOY) has a valuation which I think is exceptionally cheap. I feel this will be important during 2017, since there are clear risks facing investors. For example, Brexit talks are about to commence and according to the President of the EU Commission, Jean-Claude Juncker, the two-year period will see the EU adopt a tough…

Dollar strength makes Unilever a no-brainer for US rivals

Dollar strength makes Unilever a no-brainer for US rivals

By Robert Stephens, CFA

5 mins. to read

Kraft Heinz’s bid for Unilever (LON:ULVR) will not be the last takeover approach for the Anglo-Dutch business, in my opinion. The strength of the US dollar makes it an obvious move not only for Kraft Heinz, but for other US-based consumer goods companies who wish to tap into the stunning growth potential of emerging markets.…

Trading

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Eqtec: Golden cross aftermath points to 20p plus

Eqtec: Golden cross aftermath points to 20p plus

By Zak Mir

1 mins. to read

While it may be over egging it to suggest that Eqtec (LON:EQT) is my new favourite minnow, there is plenty on the technical and fundamental side here to appreciate. One of the happy realities for the start of 2017, and for those like myself who love small caps, is that we are very much back…

Bacanora Minerals: Gap through 200 day line could lead to 110p

Bacanora Minerals: Gap through 200 day line could lead to 110p

By Zak Mir

1 mins. to read

Bacanora Minerals (LON:BCN) was one of my stocks for 2016, and at least as far as the first half of the year the call was decent. The question for the start of 2017 is whether the shares can deliver in a significant way. What can be seen on the daily chart of Bacanora Minerals is…

Economics & Markets

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Mellon on the Markets: On the road again

Mellon on the Markets: On the road again

By Jim Mellon

7 mins. to read

Well, I’m on the road again. This time, I’m travelling around the US, in part researching for the new book, which I hope will be out in early May, but will definitely be featured in my talk at Master Investor 2017 on March 25th. The other part of the trip is to observe the US…

What does the decline in correlations among asset classes mean?

What does the decline in correlations among asset classes mean?

By Filipe R Costa

4 mins. to read

One of the worst enemies of a serious long-term investor is a high level of correlation. The main reason for this is that high correlations make all of us the same: you are equal to me and I am equal to Benjamin Graham. We all look fantastically clever or terribly stupid at the same time,…

Commodities

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Oil majors consider their future

Oil majors consider their future

By Victor Hill

8 mins. to read

A vertebra in the spinal column of the world economy is causing pain. As I write the price of Brent Crude is at US$59.99. According to the Knoema[i] website, the break-even oil price ranges from US$149.90 in Venezuela to US$60.50 in Qatar. So, on that basis, almost no one is making money in oil right…

This factor could hold the key to Tullow Oil’s future

This factor could hold the key to Tullow Oil’s future

By Robert Stephens, CFA

5 mins. to read

Low interest rates have incentivised borrowing in recent years. There has been little reason for companies to reduce their debt levels. Therefore, businesses in a range of sectors have leveraged up their balance sheets in order to improve shareholder returns. This has helped to boost profits and generated higher returns for investors. However, a more…

Funds & Investment Trusts

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Buying opportunity for this market leading small-cap trust

Buying opportunity for this market leading small-cap trust

By Nick Sudbury

4 mins. to read

One of the areas worst affected by Brexit was UK small and mid-cap companies, which sold off heavily in the immediate aftermath of the referendum. These sorts of businesses tend to be more reliant on the health of the country’s economy than the multi-nationals in the FTSE 100 and their share prices have recovered strongly…

The biggest investment trust winners and losers of 2017

The biggest investment trust winners and losers of 2017

By Nick Sudbury

4 mins. to read

It has been a decent start to the year on the markets with the FTSE 100 index up about 100 points (1.4%) year-to-date and the Dow climbing above 20,000 for the first time with a gain of over 600 points, or 3.1%. The indices provide a good idea of the direction and speed of travel,…

Brexit

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Escape from the Brexit Labyrinth

Escape from the Brexit Labyrinth

By Victor Hill

11 mins. to read

Every school kid now knows that if the British government wants to fulfil the will of the British people expressed last June they have “to trigger” or, “to invoke” Article 50 of the Treaty of Lisbon (2007). Prime Minister May has stated that she intends to do this before the end of March 2017. Sadly,…

The Pound will recover in time

The Pound will recover in time

By Victor Hill

10 mins. to read

Regular readers will know my stance on Brexit. And I voted as I did – after much reflection – well aware of the risk of turbulence ahead. Just as I anticipated that the Pound would descend, not in a linear fashion, but in steps. Until, that is, the end-game becomes clear. In a rational world…