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Zak’s Weekend Charts Round-Up

By Zak Mir

FTSE 350 Stocks Antofagasta (ANTO): June Price Channel to 600p While some of the other mining sector giants such as Randgold Resources (RRS) seemed to head for the upper reaches of the stratosphere with relative ease, it can be seen on the daily chart of Antofagasta that there has been a crawl higher over recent…

Something for the Weekend – Britain’s Got Telecom

By Adrian Kempton-Cumber

It amazes me that people here are so absorbed by foreign politics but scarcely seem to engage with domestic politics at all. The Trump campaign is a classic example. I see countless retarded posts by Brits on Facebook saying things like “we’ve GOT to stop Trump getting elected”. I say retarded because, given the person…

Evil Knievel

Evil Diaries

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The Evil Diaries: Molins, Orsu and Olympic Heroes

The Evil Diaries: Molins, Orsu and Olympic Heroes

By Evil Knievil

I caught up with Molins (MLIN) yesterday afternoon in the light of their results statement to 30th June 2016. The pension deficit (i.e. the excess of the computation of actuarial liabilities over fund assets of c. £350m) is £10m or so. Curiously, the accounting standard does not insist that this liability is reflected on the…

The Evil Diaries: Baillie Gifford Shin, Bowleven and Phosphorus

The Evil Diaries: Baillie Gifford Shin, Bowleven and Phosphorus

By Evil Knievil

As it happens I sold my family’s Baillie Gifford Shin (BGS), a Japanese equities investment trust, about four weeks ago. I have heard it claimed that the trend of dividends in Japan is so strong that Japanese equities will not go down. But in what currency will they be paid? The following clip (40 minutes,…

Equities

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Can Persimmon Build on This Recovery?

Can Persimmon Build on This Recovery?

By Robert Sutherland Smith

I last wrote on Persimmon (PSN) shares last month when they were languishing at 1,239p and it struck me that they were looking remarkably good value on the fundamentals. It is always a bit risky calling shares before the actual results but where there is risk there is the potential for reward as well. I hasten…

Meet the New Breed of Extreme Miners

Meet the New Breed of Extreme Miners

By Victor Hill

If you thought mining was about digging holes in dry ground, and that the technology required to do that was mature, think again. There are new kinds of extreme miners emerging who are taking mining to undreamed-of places. There are miners who are extracting resources from below the ocean waves. There are miners operating in…

Trading

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Zak’s Weekend Charts Round-Up

Zak’s Weekend Charts Round-Up

By Zak Mir

FTSE 350 Stocks Antofagasta (ANTO): June Price Channel to 600p While some of the other mining sector giants such as Randgold Resources (RRS) seemed to head for the upper reaches of the stratosphere with relative ease, it can be seen on the daily chart of Antofagasta that there has been a crawl higher over recent…

Something for the Weekend – Britain’s Got Telecom

Something for the Weekend – Britain’s Got Telecom

By Adrian Kempton-Cumber

It amazes me that people here are so absorbed by foreign politics but scarcely seem to engage with domestic politics at all. The Trump campaign is a classic example. I see countless retarded posts by Brits on Facebook saying things like “we’ve GOT to stop Trump getting elected”. I say retarded because, given the person…

Economics & Markets

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What the Olympic Medals Table Tells Investors

What the Olympic Medals Table Tells Investors

By Victor Hill

It is five days now since the world’s Olympians filed out of the stadium in Rio heading home in a blaze of samba. But for the glorious lasses and lads of Team GB their homecoming on golden-nosed flight BA2016 on Tuesday – which we were told was groaning with Champagne – was triumphant. Of course,…

The Storm Clouds Are Gathering

The Storm Clouds Are Gathering

By Victor Hill

If you have any exposure to the major (or indeed minor) European bourses, prepare for turbulence. 2016 (with an epilogue in 2017) could turn out to be another 1848. That was the year that virtually every major European state succumbed to revolution, and the continent, as Karl Marx observed, passed into a new era. Storm…

Commodities

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Brexit Puts a Shine on the Goldies – But Will It Last?

Brexit Puts a Shine on the Goldies – But Will It Last?

By John Cornford

Scotgold Resources (LON:SGZ) When I wrote up Scotgold back in November, it was to highlight how constant share dilution is ‘hidden’ from investors in the only charts available to them – i.e. the share price. When a company’s fundamentals haven’t changed, it’s the market cap that indicates whether or not its value per share has…

Is Kibo Mining’s Joint Venture All It’s Cracked up to Be?

Is Kibo Mining’s Joint Venture All It’s Cracked up to Be?

By John Cornford

I promised to update on Kibo Mining when it published details of its joint venture with an adjacent gold miner to monetise its gold assets in Tanzania’s Lake Victoria gold fields – in order to add to whatever value emerges in its Mbeya coal to power station project. Hiving off parts of a company is…

Funds & Investment Trusts

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The Best and Worst Performers after Brexit

The Best and Worst Performers after Brexit

By Nick Sudbury

The surprise result of the EU referendum sent shockwaves through the financial markets and created a huge amount of volatility. You would normally expect a diversified fund to be relatively immune to this sort of turbulence, but there have been some huge price swings with double digit gains and losses in some of the most…

The Fund That Pays a Monthly Income and Yields 4.7%

The Fund That Pays a Monthly Income and Yields 4.7%

By Nick Sudbury

Income investors who rely to a large extent on the money generated from their portfolio would want to achieve a regular stream of receipts that they could use to meet their normal outgoings. The easiest way to do this would be to invest in funds that pay a monthly income. A good example is Premier…

Brexit

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Jim Mellon’s Brexit Playbook

Jim Mellon’s Brexit Playbook

By Jim Mellon

This is a piece written by Jim for our friends at the Milken Institute, who were generous enough to allow us to reproduce it here.  Two weeks ago, I pulled my first all-nighter since I was 18. The news that the side I supported—those urging the United Kingdom to leave the European Union—had won the…

The Global Funds Least Exposed to Brexit

The Global Funds Least Exposed to Brexit

By Nick Sudbury

There have been some massive winners and losers since the result of the EU referendum was announced on June 24th. The main casualties have been UK-listed companies exposed to the domestic economy and their European counterparts, with the biggest beneficiaries being international businesses with dollar denominated earnings. It is highly likely that the political and…